New IRS educational materials from the 2024 Nationwide Tax Forum cover international tax topics such as proper FBAR and FATCA ...
Ways & Means Chair Jason Smith calls for an overhaul of the IRS, demanding it be de-weaponized, and telling Fox News Digital that “business as usual at the IRS is unacceptable." ...
As the 2025 tax season kicks off, the IRS may start sending letters to taxpayers eligible for the Child Tax Credit and ...
The Child Tax Credit (CTC) has been a lifeline for many American families, especially during the COVID-19 pandemic.
Taxpayer received an extension of time, under Section 301.7701-3, of 120 days from the date of this letter to file Form 8832 to elect to be treated as a disregarded ...
According to the IRS, an audit is simply a review of your accounts "to ensure information is reported correctly according to ...
The Post welcomes letters up to 250 words on topics of general interest. Letters must include full name, home address, day and evening phone numbers, and may be edited for length, grammar and ...
A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...
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