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Pennsylvania Is Latest State To Sign On To The 2025 IRS Direct File Program

by Albert Wagner
Pennsylvania Is Latest State To Sign On To The 2025 IRS Direct File Program

Harrisburg, Pennsylvania, USA downtown skyline on the Susquehanna River at dusk during fall. getty Pennsylvania has joined the list of states that will participate in the IRS Direct File program …

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Categories Trending Now

IRS collects $1B in back taxes from high-wealth taxpayers

by James Odonell
IRS collects B in back taxes from high-wealth taxpayers

By Fatima Hussein | Associated Press WASHINGTON — The IRS announced Thursday that it has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to …

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Categories Politics

Paid Tax Preparers More Common In Poor ,Minority Neighborhoods

by James Odonell
Paid Tax Preparers More Common In Poor ,Minority Neighborhoods

Counties with a higher proportion of low-income or residents who are Black or Hispanic are more likely to also have storefront offices of paid tax preparers, according to a new …

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Categories Politics

IRS says 940,000 unclaimed tax refunds are about to expire

by Adrian Jhonsan
IRS says 940,000 unclaimed tax refunds are about to expire

By Fatima Hussein | Associated Press WASHINGTON — The IRS is warning taxpayers that they may be leaving more than $1 billion on the table. The federal tax collector said …

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Categories World

FTC: TurboTax maker deceived customers with ‘free’ services

by Ev Richard
FTC: TurboTax maker deceived customers with ‘free’ services

The Federal Trade Commission (FTC) ruled Monday that the maker of TurboTax is deceiving customers when it claims a version of its online tax filing software is free, when most …

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Categories Technology

Tax deal could get new life under top-line spending agreement

by Albert Wagner
Tax deal could get new life under top-line spending agreement

Senate and House tax experts met Wednesday as they pushed to strike a tax deal that could reinstate business deductions in exchange for an enlargement of the child tax credit …

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Categories Trending Now

Charts show how many Californians are migrating to Florida

by Albert Wagner
Charts show how many Californians are migrating to Florida

Ahead of Ron DeSantis’ debate with California Gov. Gavin Newsom, the Florida governor pointed to the number of people leaving California as evidence its policies were unpopular.  In 2022, California lost 340,000 …

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Categories Trending Now

Tax insurance is having a big year amid global crackdown on evaders: report

by Ev Richard
Tax insurance is having a big year amid global crackdown on evaders: report

Companies that offer insurance in case of a major tax bill are having a banner year as governments across the globe implement new rules to go after corporate tax evaders. …

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Categories Technology

Focusing on millionaires, IRS collects $160M in back taxes

by Adrian Jhonsan
Focusing on millionaires, IRS collects 0M in back taxes

By Katie Lobosco | CNN The Internal Revenue Service has collected $160 million in back taxes this year by cracking down on millionaires who haven’t paid what they owe, the …

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Categories World

IRS Contractor Charged With Leaking Trump Tax Returns To News Outlets

by James Odonell
IRS Contractor Charged With Leaking Trump Tax Returns To News Outlets

WASHINGTON (AP) — A former contractor for the Internal Revenue Service was charged Friday with leaking tax information to news outlets about thousands of the country’s wealthiest people. Charles Edward …

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Categories Politics
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