Many taxpayers are eager to file returns quickly to collect refunds, but it’s important to gather the necessary tax forms first, experts say. Every year, employers and financial companies report ...
IRS Audits help the agency collect money that tax cheats owe the federal government, but experts say they also serve another important purpose: They help deter fraud. That can cause some serious agita ...
The Biden administration has trumpeted its plans to crack down on rich tax evaders, funneling $46 billion to the IRS so it can ferret out money hidden by the ultra-wealthy. For now, though, the ...
Many Americans think rushing through their taxes will get them a refund sooner. In most cases that may be true, but what really works best is doing your taxes right, experts say. If something doesn't ...
Income Tax audit deadline extension: The deadline to submit an income tax audit for audit reports for the year 2024-25 has been extended to October 31, 2025, from the previous deadline of September 30 ...
A study of 2022 IRS tax audit data found that a taxpayer in the lowest income bracket is five times more likely to face an audit that would a member of the highest income bracket. "The IRS ...
WITH WHAT TO WATCH FOR TONIGHT. TROUBLES, TRACKING FRAUD, UNANSWERED CALLS AND FRUSTRATED CALIFORNIANS TODAY, FOR THE FIRST TIME, WE’RE GETTING ANSWERS ABOUT WHAT HAPPENED WITH THAT MIDDLE CLASS TAX ...
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