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The IRS could charge you penalties of up to $5,000 for this reasonAs the 2025 tax season kicks off, the IRS warns taxpayers about potential penalties of up to $5,000 for this taxpayers.
Tax returns are annual, and getting them filed also means starting the clock ticking for how long the IRS has to audit you.
Republicans want to make the new year a friendlier time for taxpayers by reducing the number of IRS auditors. It seems our biggest concern in life is the fear of a tax audit. When was the last ...
During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied ...
The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that ...
enabling early detection of suspicious actions such as unauthorized tax return filings, unexpected refunds or address changes. These systems can also notify you of any IRS fraud alerts ...
The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...
Fact checked by Giselle Cancio The Internal Revenue Service Criminal Investigation unit uncovered more than $9.1 billion in ...
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