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IRS Art Donation Audits Are the Start of a Tax Pro’s Paper Chase
Bloomberg Law· 7 days agoIn its latest message to wealthy taxpayers, the IRS says it plans to target improper art donation tax deductions, focusing on promoters who “encourage taxpayers to buy various ...
Your 2023 filing can be a perfect tool in guiding your future tax-saving strategies
Kansas City Star via AOL· 12 hours agoThis has truth to it, but you can gain many other insights from your tax return. To be clear, if you...
IRS plans to increase audit rates of wealthy taxpayers by 50%
WKBT La Crosse· 6 days agoThe audit rate of taxpayers earning more than $10 million is expected to increase by 50%, going up...
Kokua Line: When is last day to claim 2020 tax refund?
Honolulu Star-Advertiser· 7 days agoAfter May 17 it will be too late. While taxpayers have a three-year deadline after filing to make...
Houston Drilling Company Sues IRS Over $69 Million Tax Agreement
Bloomberg Law· 2 days agoThe IRS in the meantime is also seeking to collect $41.8 million in additional taxes plus a $976,000 “failure-to-pay” penalty over taxes from 2014.
IRS lays out modernization priorities, sounds alarm on funding shortfall
FedScoop· 5 days agoThe IRS believes it will soon be forced to scale back its business system modernization efforts,...
IRS evaluating future of free pilot program that helped over 4,000 Nevadans file taxes
KTNV Las Vegas· 5 days agoAs mandated by the Inflation Reduction Act, the IRS delivered a report to Congress in May 2023 that...
Can You Appeal The IRS? | JD Supra
JD Supra· 7 days agoTaxpayers have the right to appeal the IRS. Understanding how to appeal the IRS is critical and Taxpayers ought to consider retaining representation in ...
IRS says its number of audits is about to surge. Here's who the agency is targeting.
WLTX-TV Columbia· 6 days agoThe IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more...
Americans can claim $725 monthly payments for a year but must meet 2 criteria
The US Sun· 9 hours agoCALIFORNIA residents may be eligible for payments totaling $725 a month due to the Family First...