The alleged weaponization of government is becoming a key campaign position for Republicans heading into the 2024 elections. This includes topics on the politicization of various branches of government, including the FBI, the IRS, and others. Meanwhile, President Joe Biden could face challengers for the 2024 presidential race. This is despite the fact that he…
LIVE NOW: Weaponization of Government a Key Focus for 2024; Biden Gets Democrat Challenger
Weaponization of Government a Key Focus for 2024; Biden Gets Democrat Challenger
The alleged weaponization of government is becoming a key campaign position for Republicans heading into the 2024 elections. This includes topics on the politicization of various branches of government, including the FBI, the IRS, and others. Meanwhile, President Joe Biden could face challengers for the 2024 presidential race. This is despite the fact that he…
IRS Warns of New Tax Scam That Tempts Innocent Taxpayers Into Becoming Criminals
The Internal Revenue Service (IRS) has issued a warning to taxpayers to be on guard for a new scam that promises huge refunds if they misuse wage information or claim false credits on tax returns, potentially leading them to face criminal liability. There are several variations of the scheme, but all involve misusing wage information…
LIVE 3/6, at 10:30 AM ET: Weaponization of Government a Key Focus for 2024; Biden Gets Democrat Challenger
The alleged weaponization of government is becoming a key campaign position for Republicans heading into the 2024 elections. This includes topics on the politicization of various branches of government, including the FBI, the IRS, and others. Meanwhile, President Joe Biden could face challengers for the 2024 presidential race. This is despite the fact that he…
Tax Deadlines Moved to October for Most Californians Due to Storms
LOS ANGELES—California is extending the state tax filing and payment due dates to Oct. 16 for Californians impacted by this winter’s storms, aligning with the IRS, which previously extended the federal tax filing deadline to Oct. 16 for the same reason. “As communities across the state continue recovering from the damage caused by the winter…
IRS Warns Taxpayers of Consequences for Failure to Meet Certain Tax Obligations
The Internal Revenue Service (IRS) this week issued a notice to “gig economy” service workers and those who receive a foreign source of income that they have to report potential tax obligations on income. An IRS release issued Mar. 1 says that taxpayers have to report income from the gig economy on their tax returns, “even…
Biden Nominee Danny Werfel Gains Committee Approval as Next IRS Head
President Joe Biden’s nominee for IRS Commissioner was approved by the Senate Finance Committee on March 3 and will now be voted on by the full Senate. The committee vote was 17–9 with three Republicans voting with the majority, Chuck Grassley (Iowa), Bill Cassidy (La.), and Todd Young (Ind.). Daniel I. “Danny” Werfel was touted…
Majority of American Taxpayers Are Anxious About Their IRS Refunds
A majority of American taxpayers are anxious about their Internal Revenue Service (IRS) refunds this year, as they expect to see lower amounts. As tax season quickly approaches, millions of American are stressed out about their filings this year, as the economy is in the period of high inflation. At least 69 percent of those…
IRS Extends 2023 Tax Deadline in 3 States After FEMA Disaster Declarations
The Internal Revenue Service (IRS) said it is extending the tax filing deadline for millions of people living in Alabama, California, and Georgia who have been impacted by recent natural disasters. A series of tornadoes tore through swaths of Alabama and Georgia in January and February, while much of California suffered widespread flooding due to…
IRS Delays Tax Document
By Kelley R. Taylor From Kiplinger’s Personal Finance Q: I Have a Side Job and I’m Paid via Venmo. Will I Be Getting a 1099-K Form to Report This Income on My Tax Return? Answer: Not yet. At the end of 2022, the IRS delayed implementation of the so-called $600 rule, which had caused a…
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