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The Latest Breaking News from IRS

IRS Making Progress In Recovering Improperly Distributed Employee Retention Credit

IRS making progress in recovering wrongly distributed funds under ERC due to fraudulent activities.

Top News

College Financial Aid Forms Facing Major Delays

Department of Education faces challenges with FAFSA errors impacting financial aid awards, causing delays for students.

Top News

IRS Warning: Beware of Smishing and 'Helper' Tax Scams

Tax season is a time to look out for email and text message scams.

Kiplinger

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

ACA health insurance plans are being switched without enrollees' OK

Rogue insurance agents access consumer information on the Affordable Care Act federal marketplace and make the changes. Policyholders can lose their doctors and end up owing back taxes.

WEKU

Alliance with NDA is only for the State’s development, says TDP’s Chittoor MP candidate

Former IRS officer Daggumalla Prasada Rao, TDP candidate for Chittoor Lok Sabha, aims to bring development to Andhra Pradesh.

The Hindu

Don’t Miss This $2,500 Tax Break for Paying Your Student Loan

Do you qualify for the student loan interest deduction this year?

Kiplinger

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

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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

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

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

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Latin Times

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

The Hindu

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.

WEKU

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.

The Guardian - US

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

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news in one place.

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Kiplinger

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?

Top News

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.

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...

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.

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