IRS announces sweeping effort to restore fairness to tax system …
WEBIRS announces sweeping effort to restore fairness to tax system with Inflation Reduction Act funding; new compliance efforts focused on increasing scrutiny on high-income, partnerships, corporations and promoters abusing tax rules on the books.
Critics Fear Tax Subsidies for Carbon Capture Won’t Be Checked
WEB1 day ago · The legislation that Democrats including Ms. Warren passed two years ago increased the subsidy by around 70 percent, allowing $60 to $180 in tax credits per ton of carbon locked away underground ...
Tax News | Today's Latest Stories | Reuters
WEBSep 14, 2024 · The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S. revenues over 10 years from about 100 large ...
2024 tax filing season set for January 29; IRS continues to make ...
WEBIR-2024-04, Jan. 8, 2024 WASHINGTON — The Internal Revenue Service today announced Monday, Jan. 29, 2024, as the official start date of the nation's 2024 tax season when the agency will begin accepting and processing 2023 tax returns. The IRS expects more than 128.7 million individual tax returns to be filed by the April 15, 2024, tax deadline.
Tax updates and news from the IRS | Internal Revenue Service
WEBGet critical updates that may affect your tax filing and recent IRS news. On this page. Latest updates; Clean vehicle and energy credits; 2023 tax filing. Other updates; Latest updates
Tax News - The Tax Adviser
WEBTax news from The Tax Adviser, the AICPA's monthly journal of tax planning, trends, and techniques.
IRS to raise $50 billion over 10 years by closing loophole ... - NBC News
WEBThe IRS estimates it will raise more than $50 billion over the next decade by closing a loophole often exploited by wealthy filers seeking to avoid paying taxes. The loophole allows such...
Taxes - The Latest News on Taxes, Tax Deductions, Income Taxes …
WEBSep 13, 2024 · The latest personal finance news, analysis and insights, covering retirement, how to manage your savings, tax guidance and more.
IRS says its number of audits is about to surge. Here's who ... - CBS News
WEBMay 3, 2024 · The IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S. Treasury's coffers. But not every group of taxpayers will face more ...
Tax revenue jumps 22% in April, but U.S. deficit still looms : NPR
WEBMay 10, 2024 · The U.S. Treasury ran a surplus in April, as tax payments jumped by 22% from a year ago. The federal government is still on track to run a deficit of more than $1.5 trillion this year.
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