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The Latest Breaking News from IRS

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

Hunter Biden's Tax Indictment Court Showdown Looms

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

Top News

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.

Kiplinger

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

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.

WEKU

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...

Top News

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.

Top News

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.

Reason

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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.

Kiplinger

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

Latin Times

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.

The Hindu

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.

WEKU

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

The Guardian - US

Why Your Tax Refund Could Be Higher This Year

The average tax refund amount is higher this year than last filing season. How does yours compare?

Kiplinger

MLB Investigates Illegal Gambling Allegations Involving Dodgers Star

MLB investigates allegations of illegal gambling and theft involving Shohei Ohtani and his interpreter, leading to a significant scandal in baseball.

Top News

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Latin Times

Tax Season: How To Resolve IRS Tax Disputes

Navigating an IRS tax disputes can be a challenging task, but it doesn't have to be. Here are some resources available if you're seeking a tax resolution.

Top News

House Judiciary Chair Launches Investigation Into IRS AI Surveillance

House Judiciary Chair and Rep. investigate IRS's potential misuse of AI for taxpayer surveillance, raising privacy concerns.

Kiplinger

Should a Donor-Advised Fund Be Part of Your Estate Plan?

A donor-advised fund, or DAF, lets the donor reap tax benefits while also being able to direct how the money is distributed and invested.

Top News

IRS Direct File Website Raises Privacy Concerns

The IRS's use of tracking tools on its Direct File website raises concerns about user privacy and transparency, sparking a broader discussion on the ethica...

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news in one place.

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Top News

U.S. Expats Reminded Of April 15 Tax Deadline

Learn about U.S. tax obligations for expats, including deadlines, forms, and extensions to ensure compliance and avoid penalties.

Kiplinger

How Quitclaim Deeds Can Cause Estate Planning Catastrophes

A lot can go wrong (including inadvertent law-breaking) if you choose to go the easy route rather than using a trust to transfer real estate to your child.

Latin Times

Understanding IRS Direct File: Who Could Benefit This Tax Season?

With tax season well underway, learn about this pilot free online tax-prep tool that will allow you to file your federal income tax returns for free

Kiplinger

The Price of Filing Taxes With a Professional is Rising

The average cost of working with a tax professional is going up.

Top News

New Mileage Tax Deduction Rates Announced For 2024

Learn how tax planning, vehicle expenses, and retirement accounts can optimize take-home pay for business owners. Stay informed on tax deductions and IRS m...

Kiplinger

Six Tax Breaks That Get Better With Age

Depending on your age, several tax credits, deductions, and amounts change — sometimes for the better.

Latin Times

Navigating Tax Season: How to Get Free Help Filing Your Taxes

From tax clinics to free government programs, here are the free options you should know about at the time of filing your taxes

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