After what it called a successful pilot program, the Internal Revenue Service is expanding its program that lets people file taxes directly to the government for free to all 50 states. Direct File was ...
The key to ensuring expected financial returns from the IRA comes down to a single word: compliance, and tax credit ...
The owner of Nulaid on Friday reported a fourfold surge in operating profit to R62 million for its six months to end-March, even though its sales volumes crashed by 61.5% year on year. But an about 57 ...
They want to double the size of the IRS. I understand the industry has been shrunk, gutted, in some people’s words. And do you expect increased audits on the middle class?” CNBC's Brian ...
With efforts concentrated among individuals with more than $1 million in income and $250,000 in recognized tax debt, the IRS has recovered $520 million as of January 2024. Middle Class Audits Won ...
The IRS is preparing to increase audits by more than 50% on taxpayers with incomes of more than $10 million and to triple audit rates on corporations with assets of more than $250 million.
The IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed false tax returns for high refunds. In a press release, the IRS reiterated a warning not to fall ...
With identity theft and refund fraud an ongoing concern, the IRS is implementing new security measures for tax professionals, including holds for Centralized Authorization File (CAF) numbers and ...
What began with a Sunday evening tweet from Keith Gill, AKA Roaring Kitty, has materialized into a massive short-squeeze rally that has taken shares of GameStop and AMC Entertainment up 74% and 78 ...