IRS News
Underfunding The IRS: Practicalities And Pitfalls
Robert Goulder and professors William VanDenburgh and Philip Harmelink discuss the challenges brought on by the chronic underfunding of the IRS and the spending possibilities for the recent $80 billion of additional funding in the Inflation Reduction Act.
forbes.com
States may not tax Biden's student loan forgiveness after all, says one tax expert
Jared Walczak of think tank The Tax Foundation says states may decide to change their regulations rather than impose tax on student loan forgiveness.
yahoo.com
IRS Free File available through Oct. 17 but, taxpayers shouldn’t wait to file 2021 returns | Internal Revenue Service
Taxpayers who have not yet filed their 2021 tax return, should electronically file a complete and accurate return when they are ready, rather than wait until the last minute. For those who want to prepare their tax return themselves, IRS Free File remains available through the extension deadline, October 17, 2022.
irs.gov
Tax News
Underfunding The IRS: Practicalities And Pitfalls
Robert Goulder and professors William VanDenburgh and Philip Harmelink discuss the challenges brought on by the chronic underfunding of the IRS and the spending possibilities for the recent $80 billion of additional funding in the Inflation Reduction Act.
forbes.com
Tax Court Upholds $70,000 In IRS Imposed Frivolous Return Penalties
The IRS doesn't like frivolity—or tax protestor arguments—when it comes to returns. Some Tax Court judges aren't too tolerant either.
forbes.com
The extended tax deadline is fast approaching for 19 million Americans. What to know if you still haven't filed
The tax deadline extension is Oct. 17. Here's how to get organized if you still haven't filed your return.
cnbc.com
Got a letter or notice from the IRS? Here are the next steps | Internal Revenue Service
When the IRS needs to ask a question about a taxpayer’s tax return, notify them about a change to their account, or request a payment, the agency often mails a letter or notice to the taxpayer. Getting mail from the IRS is not a cause for panic but, it should not be ignored either.
irs.gov