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The Latest Breaking News from IRS

A Bunch of IRS Tax Deductions and Credits You Need to Know

Lowering your taxable income is the key to paying less to the IRS. Several federal tax credits and deductions can help.

Kiplinger

Nine Tax Deadlines for April 15

Do you know about all the various tax deadlines that fall on Tax Day?

Kiplinger

CIA Refutes House Republicans' False Impeachment Inquiry Allegation

House Republicans leading the impeachment inquiry into President Joe Biden have encountered a setback as the CIA refuted an allegation they pushed as false. This latest development highlights the challenges faced by House Republicans in substantiating their claims against the president.

Top News

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TDP flays YSRCP for delay in pension distribution, discarding Polavaram project

Chittoor TDP president reviews election campaign, criticizes YSRCP government, highlights Polavaram project progress, and questions pension distribution.

The Hindu

Promise-Breaking IRS

Plus: Ethan Mollick on AI, Nancy Pelosi's kente cloth, hurricanes may destroy us all, and more...

Reason

Former IRS Contractor Faces Prison For Exposing Billionaire Tax Avoidance

Former IRS contractor faces prison for exposing tax avoidance practices, sparking debate on whistleblowing boundaries.

Top News

18 People Share The Financial Differences Between Them And Their Parents

While some young people are thoroughly optimistic about their future, personal growth, and technological progress, others are far more skeptical. The post 18 People Share The Financial Differences Between Them And Their Parents first appeared on Bored Panda.

Bored Panda

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IRS Making Progress In Recovering Improperly Distributed Employee Retention Credit

IRS making progress in recovering wrongly distributed funds under ERC due to fraudulent activities.

Top News

College Financial Aid Forms Facing Major Delays

Department of Education faces challenges with FAFSA errors impacting financial aid awards, causing delays for students.

Top News

IRS Warning: Beware of Smishing and 'Helper' Tax Scams

Tax season is a time to look out for email and text message scams.

Kiplinger

ACA health insurance plans are being switched without enrollees' OK

Rogue insurance agents access consumer information on the Affordable Care Act federal marketplace and make the changes. Policyholders can lose their doctors and end up owing back taxes.

WEKU

Alliance with NDA is only for the State’s development, says TDP’s Chittoor MP candidate

Former IRS officer Daggumalla Prasada Rao, TDP candidate for Chittoor Lok Sabha, aims to bring development to Andhra Pradesh.

The Hindu

Don’t Miss This $2,500 Tax Break for Paying Your Student Loan

Do you qualify for the student loan interest deduction this year?

Kiplinger

Ohtani representatives refuse to give evidence they reported alleged theft

Unanswered questions remain over allegations Shohei Ohtani’s former interpreter stole millions from the baseball star to pay off gambling debts

The Guardian - US

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Hunter Biden's Tax Indictment Court Showdown Looms

Hunter Biden's tax charges face legal battle with potential implications for 2024 election.

Kiplinger

What's Happening With the Employee Retention Credit and the IRS?

Due to fraud, the ERC has received much attention lately from the IRS and Congress.

WEKU

The IRS has 940,000 unclaimed tax refunds from 2020 that are about to expire

The average median refund is $932 for 2020. Texas (93,400), California (88,200), Florida (53,200) and New York (51,400) have the largest amount of people potentially eligible for these refunds.

Top News

Shohei Ohtani Denies Involvement In Sports Gambling Scandal

Shohei Ohtani denies involvement in sports gambling scandal with former interpreter accused of theft and gambling addiction, raising questions about integr...

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IRS Urges Taxpayers To Claim IRS Urges Taxpayers To Claim Top News Billion In Unclaimed Refunds Billion In Unclaimed Refunds

IRS alerts taxpayers to IRS Urges Taxpayers To Claim Top News Billion In Unclaimed Refunds billion in unclaimed refunds for 2020 tax year, urging prompt action before May 17 deadline.

Reason

Byzantine Tax Laws Threaten To Make Us All Tax Cheats

The Department of Justice is suing several tax preparers for filing fraudulent returns, but even honest filers risk running afoul of tax laws.

Kiplinger

Avoid Surprises: Don’t Procrastinate on Your Taxes

You really should start thinking about next year’s taxes immediately after filing this year’s. Better tax efficiency could save you some serious dough.

Latin Times

Tax Season Made Simple: How to Set Up a Direct Deposit Tax Refund

With tax season well underway, here's a fast, secure and safe option to get your tax refund payment you may want to consider

The Hindu

TDP’s Chittoor MP candidate vows to bring job opportunities to youth

Former IRS official and TDP candidate Daggumalla Prasada Rao vows to bring jobs to Chittoor, criticizes current government's policies.

WEKU

The IRS touts improved customer service and a hassle free filing option

With less than a month before the tax filing deadline, the IRS says tax season is going smoothly. The agency is investing billions of dollars to improve service and beef up tax enforcement.

The Guardian - US

Cash, cards, Venmo … don’t turn away customers who actually want to pay

Many businesses restrict the forms of payment they will accept – that’s shortsighted and foolish

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