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Friday, June 21, 2024
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CATEGORY

Personal taxes

Yellen tells IRS to develop modernization plan in 6 months

WASHINGTON ((DailyNews)) — Now that President Joe Biden signed Democrats’ expansive climate, tax and health care bill into law, Treasury Secretary Janet Yellen has...

Expanded IRS free-file system one step closer in Dems’ bill

WASHINGTON ((DailyNews)) — The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will...

Georgia’s Kemp seeks tax breaks, rebutting Abrams on economy

ATLANTA ((DailyNews)) — Georgia GOP Gov. Brian Kemp unfurled the first major policy proposals of his reelection bid Thursday, pledging to spend $2 billion...

Senate deal should make it easier to buy electric vehicles

DETROIT ((DailyNews)) — The surprise deal by Senate Democrats on a slimmed-down bill to support families, boost infrastructure and fight climate change also is...

IRS asks Treasury watchdog to probe Comey, McCabe tax audits

WASHINGTON ((DailyNews)) — The IRS commissioner has asked the Treasury Department’s internal watchdog to immediately review the circumstances surrounding intensive tax audits that targeted...

‘Groundhog Day’ at IRS: Returns pile up, phone delays worsen

WASHINGTON ((DailyNews)) — It’s Groundhog Day at the IRS.After digging out of a daunting backlog from 2021, the agency has an even bigger backup...

Inflation divide: The wealthy splurge, the poorest pull back

NEW YORK ((DailyNews)) — Americans at the low end of the income rung are once again struggling to make ends meet.A confluence of factors...

Intuit to pay $141M settlement over ‘free’ TurboTax ads

NEW YORK ((DailyNews)) — The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived...

On Tax Day, an extension may be better than rushing a return

WASHINGTON ((DailyNews)) — Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS expects to receive...

Tax Day laggards: Consider filing for extension if in a rush

WASHINGTON ((DailyNews)) — Millions of Americans wait until the last minute to file their taxes and this year is no exception. Monday is Tax...

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