AOL15d
Identity Theft Awareness Week: Top 15 financial scams targeting older Americans — and what you can do to keep your money safe
I saw a social media post about a little-known tax hack using IRS Form 8944. Should I trust it? Every year around tax season, social media lights up with tax "advice" that promises to get you a ...
IRS: Some employees can’t take buyout until after filing deadline
A letter sent to Internal Revenue Service (IRS) employees said those involved in the 2025 tax season won’t be able to accept ...
IRS federal tax return filing deadline is April 15 — unless you get an extension
April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...
USA Today6d
Elon Musk says he 'deleted' IRS Direct File. Can taxpayers still use the free service?
The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...
News Nation on MSN6d
Will Trump’s federal hiring freeze affect IRS tax returns?
President Trump signed an executive order last month enacting a hiring freeze for federal employees. The memorandum is set to ...
CBS News5d
Everything to know about the IRS Fresh Start program
If you owe money to the Internal Revenue Service (IRS) but can't afford to pay it off immediately, that delinquent tax debt can end up having a big impact on your financial health. After all ...
CNET6d
There Are 22 Types of 1099 Tax Forms. Here's How to Know Which Ones You'll Get
Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...
Forbes21d
40% Transfer Tax: IRS Final Say On Foreign Gifts, Bequests From ‘Covered Expatriates’
If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.
Firm Can't Bring Employee Retention Credit Claim to Tax Dispute
A human resources company’s claim for an unprocessed pandemic-era tax credit can’t be considered at a hearing to address a separate tax liability, the US Tax Court said Thursday.
IRS PLR: Disregarded Entity Election Filing Extension Granted (IRC §7701)
The IRS has published a private letter ruling on Treasury Regulations Sections 301.7701 and 301.9100 granting the taxpayer an extension of time to file Form 8832 to elect to be ...
CNET10d
Haven't Received Your W-2 Tax Form Yet? Here's What to Do
W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North ...
CBS News28d
Who qualifies for the IRS hardship program?
Dealing with delinquent tax debt may be one of the most stressful financial challenges a person can encounter. After all, between the mounting penalties, the Internal Revenue Service (IRS ...