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The Latest Breaking News from IRS

Tax season 2022: Everything to know before you file and how to get your refund fast

With tax-filing season already underway, experts are warning taxpayers to brace for another year of delays and complications — underscoring the importance of filing early and preparing your information carefully.

Tribune News Service

Is Medical Marijuana Tax Deductible? IRS Official Provides 'More Clarity' After Misstatement

As we all know, the marijuana industry has grown substantially in recent years, with sales expected to hit $25 billion by 2025.

Benzinga

7 ways small-business owners can save on taxes in 2022

Small-business owners, freelancers and people with side gigs can reduce their tax bills and their anxiety levels this tax-filing season by knowing the taxability rules for Paycheck Protection Program money, taking advantage of new deductions for business meals and mileage and putting money in tax-advantaged retirement accounts designed for self-employed…

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Getting paid on Venmo or Cash App? There's a tax for that

If you're a U.S. citizen making money from the sale of goods or services, the IRS considers it taxable income regardless of how or where you're paid. But some sellers have tried to fly under the feds' radar by taking payments through an online app, such as Paypal or Venmo,…

Los Angeles Times

EXPLAINER: How to claim child tax credit $ on your taxes

Millions of Americans who have never filed a tax return will need to do so this year in order to claim what's coming to them under the enhanced child tax credit

The Independent UK

US taxpayer advocate: Americans could face a tough tax season

Millions of U.S. taxpayers could face delays in having their tax returns processed by the IRS and in receiving their refunds, the nation's taxpayer advocate on Tuesday testified before Congress.

Los Angeles Times

Joe Rogan and the Weird New Definition of 'Right-Winger'

Plus: Against ideological surveillance, the truth about "free" COVID-19 tests, and more...

Reason

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IRS backtracks, pledges not to require facial recognition for taxpayers

The Internet Revenue Service faced intense criticism following the news it would require selfies for online tax filing later this year.

Input

IRS to end use of facial recognition to identify taxpayers

The IRS sys it will stop using facial recognition technology to authenticate people who create online accounts after the practice came under criticism from privacy advocates and lawmakers

The Independent UK

IRS to end use of facial recognition program

The decision to use facial recognition software for some taxpayers was met with backlash.

Axios

IRS to end use of facial recognition to access tax accounts

The Internal Revenue Service will stop using controversial facial-recognition software for taxpayers trying to access online tax accounts over concerns about privacy and security.

Tribune News Service

IRS use of selfie software is ‘unacceptable’, key Democrat says

A senior Senate Democrat is urging the Internal Revenue Service to abandon the use of a facial recognition software for taxpayers to access their documents online.

Tribune News Service

IRS cancels plan to use facial recognition on millions of taxpayers

Rights groups warn systems using selfies to verify identity often misidentify Black and brown faces and increase theft risks

The Guardian - US

Scholz and Biden warn Russia would pay ‘high price’ for Ukraine invasion – as it happened

Joe Biden issues stark advice to Americans in Ukraine: ‘Leave’

The Guardian - US

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Kiplinger

What You Need to Know About Calculating RMDs for 2025

As 2025 begins, it's important to know how to calculate your RMDs and be prepared for them to be higher this year than they were in 2024.

The Independent UK

IRS offering Saturday walk-in help this tax season

The IRS will begin offering limited Saturday walk-in help for taxpayers this tax season

Chicago Sun-Times

A Daley goes on trial, writing a new chapter in Chicago history

Ald. Patrick Daley Thompson’s tax fraud case opens Monday. He’ll be the first from Chicago’s Daley political family to face trial and the first sitting Chicago City Council member on trial in more than two decades.

Benzinga

Ethereum, Other Crypto Stakers, Miners Rejoice — The IRS Will Not Tax Unsold Tokens After All

The Internal Revenue Service will not tax unsold tokens — a major relief for both cryptocurrency stakers and miners.

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news in one place.

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Chicago Sun-Times

Here’s what’s wrong with an IRS proposal to use facial recognition technology for tax filing

Even if you grant that the IRS use of the technology is appropriately limited, this is potentially the start of what could quickly snowball to many government agencies using commercial facial recognition companies to get around legal limits on their powers.

The Conversation

Government agencies are tapping a facial recognition company to prove you're you – here's why that raises concerns about privacy, accuracy and fairness

The U.S. Internal Revenue Service is planning to require citizens to create accounts with a private facial recognition company in order to file taxes online. The IRS is joining a growing number of federal and state agencies that have contracted with ID.me to authenticate the identities of people accessing services.

Dynamite News

ECI appoints Special Observers for UP

Election Commission of India appointed Special Observers for Uttar Pradesh.

Input

The IRS is rethinking selfies for online tax filing after privacy concerns

Unsurprisingly, a recently announced partnership with ID.me did not go over well with Americans.

Tribune News Service

Proposed US Capitol statue prompts revisiting of former Detroit Mayor Coleman Young's career

DETROIT — Former Detroit Mayor Coleman Young led the city for 20 years, creating a colorful but controversial legacy as the first Black mayor of Michigan's largest city.

Reason

Kamala Harris Spreads Misinformation on Human Trafficking

Plus: Texas attacks TikTok, Neil Young's anti-science past, IRS reconsidering face scans, and more...

The Conversation

The IRS already has all your income tax data – so why do Americans still have to file their taxes?

Doing taxes in the U.S. is notoriously complicated and costly. And it gets even worse when there are delays and backlogs, making it especially hard to reach the Internal Revenue Service for assistance.

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