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Tag: Government taxation and revenue

Finance

Tax season kicks off. Here’s how to get a faster refund and avoid ‘self-inflicted mistakes,’ expert says

D3sign | Moment | Getty ImagesTax season has kicked off and the IRS has started to process 2023 returns. If you're expecting a refund,...

Finance

Here’s how much you can make in 2024 and still pay 0% capital gains taxes

Fg Trade | E+ | Getty ImagesIf you're planning to sell investments or rebalance brokerage assets next year, it's possible you won't trigger a...

Finance

IRS halts processing of a small business tax break amid ‘surge of questionable claims’

The IRS will immediately stop processing new claims for the employee retention credit to protect filers from a "surge of questionable claims." Source link

Finance

Winner of record $1.6 billion-plus Mega Millions jackpot should watch out for these pitfalls, experts warn

The Mega Millions jackpot grew to more than $1.6 billion on Aug. 9, 2023.Justin Sullivan | Getty ImagesThere's finally a winner for the massive...

Finance

Firms are ‘bombarding’ small businesses with ads for a Covid-era tax credit, advisor says. Here’s how to know if you qualify

brightstars | E+ | Getty ImagesSmall businesses are facing an onslaught of ads, phone calls and emails to help them claim a pandemic-era tax...

Finance

Black taxpayers more likely to face audits, IRS confirms

IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023.Al Drago | Bloomberg | Getty ImagesThe...

Finance

The IRS released its $80 billion funding plan. Here’s what it means for taxpayers

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023.Kevin Lamarque | ReutersThe IRS on Thursday released a plan...

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