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The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper ...
The penalty for underpaying your taxes will remain the same this summer as it is now. The IRS has announced that the interest ...
The 2024 tax filing deadline is set for April 15, 2025. This date is crucial for taxpayers across the United States, except for those in designated disaster areas, combat zones, or living and ...
Republicans in Congress are rightly looking to Medicaid’s out-of-control spending growth for possible savings to help ...
The dawn of 2025 brings with it the annual responsibility of tax filing for millions of Americans. As the Internal Revenue Service (IRS) gears up for the new tax season, taxpayers must be ready to ...
This high rate can lead to significant additional expenses if the balance is not paid off promptly. In contrast, the IRS offers payment plans with generally lower interest rates, providing a more ...
Most Americans don't know their own tax rate or what others pay to the IRS, yet most feel their taxes are too high.
A Georgia tax preparer received an 8 year prison sentence for creating false tax returns for a pandemic-era unemployment ...
This allows monthly payments with lower penalty rates. Offer in Compromise (OIC): You may qualify to settle your tax debt for less if you're facing severe financial hardship. Temporary Delay of ...
"We will now use this information to deny billions of dollars in clearly improper claims and begin additional work to issue payments to help taxpayers without any red flags on their claims," IRS ...
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced plans ... the resolution of valid claims while preventing improper payments. On the other end, 10% to 20% of ERC claims ...