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Inflation relief checks like Michigan proposal might not be taxed. IRS doesn't know yet.
Detroit Free Press via Yahoo News· 1 year agoOn Friday, the Internal Revenue Service issued a "stay tuned" alert of sorts that could delay the...
Filed taxes before the IRS ruling on state relief payments? What to do now
The Hill via AOL· 1 year agoThe Internal Revenue Service recently announced that it won't tax most state relief checks – but the...
Taxes: IRS waives penalty for taxpayers with tax bills from 2020 and 2021
Yahoo Finance via AOL· 4 months agoNearly 5 million taxpayers who have unpaid tax bills from 2020 and 2021 will have almost $1 billion...
Late IRS guidance on state stimulus checks threatens to upend tax season
Yahoo Finance via AOL· 1 year agoIt's just over two weeks into tax filing, and many tax professionals were almost ready to call this...
Millions of Americans may finally get their tax refund checks as the IRS clears out a backlog of 8...
INSIDER via Yahoo News· 2 years agoFencing and Caution tape at the Internal Revenue Service (IRS) building in Washington, DC, on...
Inflation Relief: IRS Clarifies Where Taxpayers Must Report State Bonus Checks
GOBankingRates via Yahoo Finance· 1 year agoThe IRS has provided guidance on how taxpayers in some states should handle special tax refunds or...
Maine officials believed relief checks were tax exempt -- but never asked the IRS
Portland Press Herald, Maine via Yahoo News· 1 year agoFeb. 9—Two Maine lawmakers who helped negotiate $850 relief checks for Maine taxpayers said Thursday that state officials had assured them that the IRS considered the payments tax free. But ...
Tax season has resumed—and the IRS is warning about more delays and smaller refunds in 2023
Fortune via Yahoo Finance· 1 year agoIt's a chaotic kickoff to tax season. A week after telling millions of taxpayers to hold off on...
State stimulus checks: IRS plans to rule whether these payments are taxable this week
Yahoo Finance via AOL· 1 year agoThe Internal Revenue Service is expected to provide more guidance this week on whether stimulus...
IRS is sending out collection letters for the first time in 2 years. Here's what to know.
USA TODAY via Yahoo Finance· 3 months agoThe IRS collection letters are arriving in mailboxes once again. And if you get one, tax...
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