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Stay updated on the news about taxes, deadlines, deductions, laws, the IRS, and all things related to your income taxes.
Pay what you owe today, or at least some of it: Even if you secure an extension to file, most people are required to pay whatever they still owe the IRS for tax year 2023 by April 15.
WASHINGTON (Reuters) -Congressional Republicans emerged from a five-hour meeting with U.S. President Donald Trump on Thursday without a deal on how to extend his sweeping tax cuts, though senior ...
The Inflation Reduction Act signed into law in August of last year provided a few new tax breaks that filers could take advantage of in the 2022 tax year. Increased credit for solar energy products
Vice President Kamala Harris. Restoring top-line tax rate to 39.6% (currently 37%); Increasing long-term capital gains taxes to 28% from 20% for Americans who make more than $1 million a year;
Erin M. Collins, National Taxpayer Advocate. Erin M. Collins is the current United States Taxpayer Advocate, and head of the Office of the Taxpayer Advocate, an independent organization within the Internal Revenue Service (IRS) established to protect taxpayers’ rights under the Taxpayer Bill of Rights, help taxpayers resolve problems with the IRS, and recommend changes that will prevent the ...
Accounting Today is a trade magazine servicing the public accounting profession in the United States serving a community of professionals who provide tax preparation, bookkeeping, auditing, financial planning, and business advisory and consulting services to individuals and businesses.
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