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For most Americans, the staffing cuts will not affect the way the IRS audits their tax returns. The wealthy won't see their ...
A Reddit user realized he had made a small mistake on his 2023 tax return. His error meant that he ended up paying an extra ...
GOP state lawmakers pass reforms that reduce top marginal rates, move to flatter income tax codes, and ultimately end state ...
The number of tax returns received dipped again, a trend that hasn’t changed since the season opened on January 27, 2025.
Understanding the U.S. tax system is crucial for every citizen. It's not just about paying taxes but knowing how the system ...
Reports indicate that the Trump administration is planning to eliminate the IRS Direct File program. While Republican ...
The Underused Housing Tax (UHT) is an annual federal 1% tax on the ownership of vacant or underused housing in Canada that took effect on January 1, 2022. The UHT generally applies to foreign national ...
The IRS, in a press release issued on April 4: "The IRS normally provides relief, including postponing various tax filing and payment deadlines for any area designated by the Federal Emergency ...
In 2023, the IRS closed 582,944 tax return audits, resulting in $31.9 billion in recommended additional tax payments. The IRS recommends electronic filing if you want your tax refund quickly.
About 7,000 probationary IRS workers who were terminated in February ... just a day before the April 15 tax filing deadline. The decision stems from a bench order issued by Alsup in American ...
Nationwide Tax Relief Firm Uses IRS-Approved Programs to Cut Thousands in Debt and Restore Financial Stability IRVINE, CALIFORNIA / ACCESS Newswire / April 7, 2025 / For Americans overwhelmed by ...
The catch, he noted, is that it’ll be a few years yet before the three-year statute of limitations on federal tax returns runs out, and so it’s still up in the air as to how hard the Internal Revenue ...