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The Latest Breaking News from IRS

Why you should want the IRS to use facial recognition technology

An op-ed from the Washington Post

Reason

Nondefense squeeze won't spare IRS in omnibus spending talks - Roll Call

The Internal Revenue Service won’t get the appropriations boost for this year that Democrats had hoped for.

Roll Call

SWTD to launch first solar-powered cruise vessel from Kochi’s Marine Drive in April

‘Solar Cruiser’ will be able to carry a total of 200 guests

The Hindu

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

Temporada de impuestos 2022: todo lo que debes saber antes de presentar tu declaración y cómo obtener tu reembolso rápidamente

Con la temporada de declaración de impuestos en curso, los expertos le advierten a los contribuyentes que se preparen para otro año de retrasos y complicaciones—subrayando la importancia de presentar la declaración con antelación y preparar la información cuidadosamente.

Tribune News Service

Please hold: Pricey way to jump IRS phone line at tax time

At a time when calls to the IRS have reached record levels, a private company lets those who are willing to pay jump to the front of the line to get their phone calls answered

The Independent UK

Patrick Daley Thompson faced other tax trouble before Monday’s conviction

His guilty verdict for claiming deductions for interest he never paid to a failed Bridgeport bank, Washington Federal Bank for Savings, isn’t the only time he’s had trouble with the IRS.

Chicago Sun-Times

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

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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

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

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

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news in one place.

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The Independent UK

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

Axios

IRS to end use of facial recognition program

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

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 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.

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news in one place.

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The Guardian - US

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’

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.

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.

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