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IRS says layoffs possibly by 2026 without sustained funding boost
Government Executive· 3 days agoThe cutbacks could come in the form of separation incentives, followed by furloughs and, as a last...
Forget To File Your Taxes? You Might Hear From The IRS
Forbes· 6 days agoThe third-party information also indicates the taxpayers had financial activity of more than $100 billion, according to the IRS, which added that a conservative estimate ...
IRS plans to more than double its audit rate of wealthy taxpayers
FOX Business· 2 days agoThe IRS is planning to ramp up audit rates of wealthy Americans and large corporations as part of...
Yellen touts success of IRS pilot program that allowed direct free filing of tax returns
NC Newsline via Yahoo News· 5 days agoThe agency “met or exceeded” goals for the filing season and “successfully” […] The post Yellen...
Over $1 billion in unclaimed tax refunds is set to expire in just over 2 weeks, IRS says—here's how...
NBC Connecticut· 5 days agoAround 940,000 people across the U.S. have until May 17 to submit their 2020 tax returns and claim...
Turns out people like filing their taxes for free
Axios· 5 days agoCatch up fast: A small part of the 2022 Inflation Reduction Act funding was used to assess the feasibility of a direct tax filing operation. The
Kokua Line: When is last day to claim 2020 tax refund?
Honolulu Star-Advertiser· 4 days agoAfter May 17 it will be too late. While taxpayers have a three-year deadline after filing to make...
Energy Credit Transferability Regulations Finalized | JD Supra
JD Supra· 7 days agoOn April 25, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations (T.D. 9993)...
This 401(k) match change could have “unintended consequences” at tax time, experts say
NBC New York· 2 days agoYour employer's Roth match will be extra income for tax purposes and levies aren't automatically...
Migrants get new tax credits
Newsweek· 2 days agoApproximately 100,000 migrants known as "Dreamers" will receive tax breaks due to the Biden administration allowing participants in the Deferred Action...