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Internal Revenue Service

Here are some of the top red flags for an IRS audit, tax pros say

by Adrian Jhonsan
Here are some of the top red flags for an IRS audit, tax pros say

Image Source | Image Source | Getty Images As Americans file returns this season, some worry about IRS audits amid agency efforts to ramp up service, technology and enforcement. Recent …

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Here’s how to qualify for the earned income tax credit this season

by Adrian Jhonsan
Here’s how to qualify for the earned income tax credit this season

Laylabird | E+ | Getty Images Tens of millions of Americans file tax returns every year — and many are missing a “valuable credit,” according to the IRS. In 2022, …

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Categories World

Here’s how to get a faster tax refund, expert says

by Adrian Jhonsan
Here’s how to get a faster tax refund, expert says

D3sign | Moment | Getty Images Tax season has kicked off and the IRS has started to process 2023 returns. If you’re expecting a refund, there are a few ways …

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House Republicans reintroduce bill to repeal ‘death tax’

by Adrian Jhonsan
House Republicans reintroduce bill to repeal ‘death tax’

Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans …

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Categories World

Biden’s IRS Funding To Target The Wealthy Is Working

by James Odonell
Biden’s IRS Funding To Target The Wealthy Is Working

At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to …

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Categories Politics

Ohtani’s $700 million contract sparks deferred income tax concerns

by Adrian Jhonsan
Ohtani’s 0 million contract sparks deferred income tax concerns

Japanese baseball player Shohei Ohtani attends a press conference on his presentation after signing a 10-year deal with the Los Angeles Dodgers at Dodgers Stadium in Los Angeles, California, on …

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Categories World

George and Amal Clooney’s foundation names 2 new co-CEOs to lead the legal services nonprofit

by Shawn Butlere
George and Amal Clooney’s foundation names 2 new co-CEOs to lead the legal services nonprofit

rewrite this content and keep HTML tags NEW YORK (AP) — The Clooney Foundation for Justice, established by human rights lawyer Amal Clooney and Oscar-winning actor and filmmaker George Clooney, …

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Categories Entertainment

Dealers Can Offer EV Refunds At Point Of Sale In 2024, But Fewer Than Half Have Applied

by Adesola Mojo
Dealers Can Offer EV Refunds At Point Of Sale In 2024, But Fewer Than Half Have Applied

2024 Chevrolet Silverado EV RSTImage: Chevrolet EV buyers rejoice. Starting January 1, you’ll be able to go to your local dealer and claim the EV tax credit as an actual …

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Categories Automobile

IRS is resuming automated collection notices. Here’s what to know

by Adrian Jhonsan
IRS is resuming automated collection notices. Here’s what to know

The Good Brigade | DigitalVision | Getty Images How IRS collection notices work Typically, CP14 is the first IRS notice for an unpaid tax balance, followed by three or four …

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Categories World

IRS unveils employee retention credit voluntary disclosure program

by Adrian Jhonsan
IRS unveils employee retention credit voluntary disclosure program

IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses …

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Categories World
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