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Terrible tax tips promoted on social media trigger big refund headaches for 2023 returns
Gannett via AOL· 5 days agoThe IRS said returns filed by individuals and tax preparers who knowingly claim a credit to which...
IRS Moratorium on Pandemic Credit Draws Tax Firm’s Challenge
Bloomberg Law· 5 days agoHi Ashley,
Tax Breaks: Scammers And Fraudsters And Leakers, Oh My!
Forbes· 3 days agoThe agency said it issued Social Security numbers for 3,580,350 new babies last year. Why get a...
...Items Giving Rise to Deficiency, Not Eligible for Innocent Spouse Relief Under Equitable Factors...
Bloomberg Law· 7 days agoPetitioner was not eligible for equitable relief under I.R.C. §6015(f) from tax liabilities on jointly filed returns, the U.S. Tax Court ...
...: Petitioner Was Not Eligible for Innocent Spouse Relief from Tax Liability Relating to Wife’s...
Bloomberg Law· 4 days agoPetitioner was not entitled to innocent spouse relief under I.R.C. §6015(b) or §6015(f) relating to an understatement of income on his joint return, the U.S. Tax& ...
Case: IRS’s Position in Disallowing NFTL Refund Was Substantially Justified, Petitioner Not Entitled...
Bloomberg Law· 5 days agoTax Court held in a memorandum opinion. Proceeds from the sale of Petitioner’s home were used to satisfy an NFTL for unpaid tax liabilities stemming from ...
American families are struggling with debt. When it gets forgiven, the tax code treats it like extra...
Fortune via Yahoo Finance· 5 days agoIn other words, as...changing the current law so that families struggling with debt are not hit with...
What Is the Earned Income Tax Credit, and How Does It Work?
Modesto Bee· 6 days agoWhen you file taxes every year, it’s crucial to check which tax credits you may qualify for because they can decrease your bill or boost your refund. One of the most popular ...
Yuba County man pleads guilty to COVID-19 relief fraud, to pay back millions taken
ABC 10 Sacramento· 3 days agoJason Toland, 43 from Wheatland, tried to get more than $13.4 million in COVID relief funds by...
Man Liable for Taxes From Wife’s $100 Million Stock Option Sale
Bloomberg Law· 5 days agoThe IRS assessed a $39.8 million tax deficiency for Mark and Bernee Strom over Bernee’s failure to report over $100 million of stock options in 2000 from ...
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