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Tag: IRS

Walshe’s text moves fast, and the music moves on the speed of thought. One moment, her vocals could appear to be celebrating web memes — or the “minor characters” who turn into “essential characters” for a...
When the Miami Heat chosen Dwyane Wade with the fifth pick of the 2003 N.B.A. draft, the league was in dire need of star players to hold it out of the Michael Jordan era.Wade’s draft class...

IRS weighs guidance for worker retention tax credit

Erin M. Collins, National Taxpayer Advocate.Source: IRSAfter a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for many...

IRS to supply free online direct filing system for some taxpayers

Jayme Thornton | Tooga Productions | Getty ImagesThe IRS is testing a system that may allow taxpayers to file federal tax returns without cost...

You possibly can file your federal taxes without cost with IRS Free File

Steven Heap/EyeEm/Getty ImagesIn case you don't file your taxes, chances are you'll be leaving money on the table — and there is a free...

I.R.S. Unveils $80 Billion Plan to Overhaul Tax Collection

WASHINGTON — The Internal Revenue Service on Thursday unveiled an $80 billion plan to remodel itself right into a “digital first” tax collector focused...

Dangerous malware scam targets taxpayers with deceptive IRS forms

Tax season is upon us, and that implies that scammers are hard at work attempting to idiot as lots of us as they will.Recently,...

These are a few of the top red flags for an IRS audit, tax pros say

Jeffrey Coolidge | Photodisc | Getty ImagesThis tax season, there have been heightened concerns about IRS audits because the agency begins to deploy its...

Here’s the common tax refund through March 17, based on the IRS

Bill Oxford | E+ | Getty ImagesWith the tax deadline approaching, the IRS has issued roughly 54 million refunds value about $158 billion as...

I.R.S. Tells Tens of millions Who Received State Rebates: Don’t File Just Yet

These special payments have caused confusion since the I.R.S. must sort through each state’s program to find out their taxability. For instance, disaster relief...

Here’s what we learned from the IRS Commissioner hearing

Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles Rettig at a Senate Finance Committee hearing.Tom Williams | Pool | ReutersPresident Joe...

I.R.S. Decides Most Special State Payments Are Not Taxable

Disaster and welfare payments are generally not taxable, and the I.R.S. said it determined that payments in 17 states met that definition — and...

IRS issues state rebate guidance for taxpayers urged to delay filing

The IRS on Friday issued federal tax guidance for thousands and thousands of Americans who received state rebates or payments in 2022.The announcement got...

Don’t risk a tax audit. 4 reasons the IRS may flag your return

dmphoto | E+ | Getty ImagesTax season is underway, and there is been increased scrutiny of the IRS because it starts deploying a part...

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