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The Latest Breaking News from IRS

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

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

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

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

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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

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.

Latin Times

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.

Top News

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.

Kiplinger

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...

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.

Top News

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.

Kiplinger

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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.

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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

Top News

IRS Form 3520 Filing Obligations For U.S. Taxpayers

Stay compliant with IRS Form 3520 for foreign transactions to prevent penalties. Seek professional help if needed.

TechRadar

The IRS is releasing a TurboTax alternative, and you can try it now

Direct File is a new Pilot Program from the IRS, promising to give 18+ million taxpayers access to free and accessible returns.

Kiplinger

How Tax-Loss Harvesting Helps to Lower Your Tax Bill

This fairly straightforward tax strategy may help you reduce your capital gains taxes, but beware of triggering the wash sale rule.

Kiplinger

Four Ways Your Workplace Benefits Could Help With Your Taxes

Your employer may offer resources that can help you with your financial strategy, on top of providing potentially tax-advantaged retirement and other accounts.

Laptop

Are taxes stressing you out? Try this free alternative to Turbo Tax from the IRS

The IRS is now offering a free alternative to Turbo Tax to take some of the stress off this tax season.

International Business Times

IRS Launches Direct File: Free Electronic Tax Filing For 12 States

The IRS's Direct File program offers a free and straightforward electronic filing option for taxpayers in 12 selected states.

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