TAX NEWS
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- Most retirees scramble to cover a surprise tax bill by April, but a quirk in federal withholding rules lets a single December IRA move erase penalties that built up months earlier.
- Nearly 200 organizations are urging the IRS to scrap a plan to deny federal tax credits to lawful immigrants and their children who are U.S. citizens.
- F ew things irk the rich—and, for that matter, the not so rich—more than paying taxes. Many people would rather lose money backing a lame horse than hand it to the government. The pain of such …
- Annual report examines the retreat in IRS enforcement capacity, growing taxpayer skepticism, and what ultimately prompts taxpayers to address unresolved tax issues.SANTA ANA, CA / ACCESS Newswire / …
- As many as 20 million Americans – roughly 15%-20% of all filers – ask for tax extensions each year. While not giving filers more time to pay, extensions do allow a few extra months to submit paperwork …
- Directs the Department of the Treasury, in coordination with the Internal Revenue Service, the Department of Agriculture, and the Department …
- The Oct. 15 deadline for tax-extension filers is approaching. Learn how IRS penalties work, what happens if you miss it and your payment-plan options.
- Most people who qualify never apply, and the reason is almost always a belief about their own income. IRVINE, CA / …
- The Trump administration would require U.S. taxpayers to disclose their citizenship and work authorization status to the IRS as part of a proposed change to the annual tax form that nearly all workers …