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INSIDER: IRS warns thousands of taxpayers may face jail time over big refunds
BizPac Review· 7 days agoThe IRS has warned that thousands of taxpayers could face jail time for filing false tax returns and collecting artificially high refunds.
Today is the last day to file your 2020 taxes before $1 billion in refunds are lost forever
The Columbus Dispatch via Yahoo Finance· 4 days agoThe median refund amount from the remaining 2020 taxes is likely around $932, according to the IRS, so half of the total refunds are ...
IRS Says "Well-Meaning" Taxpayers Fraudulently Filed 3 Claims: "They've Been Tricked"
Best Life· 6 days agoNo one wants to end the tax season by cutting a big check to the Internal Revenue Service (IRS)....
COVID-19 Payroll Tax Refund Claim Assistance: ERTC Eligibility Check Updated
Digital Journal· 2 days ago"When you engage us, rest assured that you've hired the best CPA Firm to lock in this one-time opportunity for a large refund check from the IRS." The ERTC ...
Stimulus check update: Americans have one day to claim direct payment
Newsweek· 6 days ago"After the expiration of the three-year period, the refund statute generally prevents the issuance...
Weekly IRS Roundup May 6 – May 10, 2024
The National Law Review· 6 days agoRevenue Ruling 2024-09, which provides the May 2024 applicable federal rates. Notice 2024-35, which provides guidance related to certain specified...
IRS Changes Rules for Taxpayers in One State
Newsweek· 5 days agoThe Internal Revenue Service (IRS) said on Thursday that it will extend the tax filing period period for residents and companies in Ohio who were...
Case: IRS’s Position in Disallowing NFTL Refund Was Substantially Justified, Petitioner Not Entitled...
Bloomberg Law· 6 days agoPetitioner, who prevailed in prior litigation regarding a refund after requesting innocent spouse relief, was not entitled to reasonable litigation or administrative costs ...
Rossen roundup: Top consumer stories from the past week
WBAL-TV Baltimore· 4 days agoHere are all of the Rossen Reports from this past week. When we shop on Amazon, we find what we want...
Microcaptive Promoter Celia Clark Settles IRS Promoter Penalties
Forbes· 2 days agoAs related in that article, the IRS assessed Clark with $11 million in penalties, Clark paid a...