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IRS Delays New Payout Rules for IRAs Again
Inheritors subject to a new 10-year payout window don’t have to take required minimum distributions for 2023. Source link
US IRS chief says budget cuts would reduce ability to pursue tax cheats By Reuters
© Reuters. FILE PHOTO: IRS Commissioner Danny Werfel testifies before the U.S. House of Representatives Committee on Ways and Means on Capitol Hill in Washington,
Tax Day: IRS Left Fewer Taxpayers on Hold This Year
Markets Personal Finance The average wait time to speak to a representative dropped 85% this tax season, officials said Source link
What Happened When the IRS Got Audited
It’s one of the country’s most powerful and least popular organizations. It collects trillions of dollars every year from hundreds of millions of Americans. It
IRS Plan to Spend $80 Billion Includes Real-Time Tax Alerts
The tax agency promises digital improvements but no audit-rate increase for most households. Source link
The Problem With the IRS Pledge Not to Step Up Audits of Earners Under $400,000
When taxpayers underreport income, it is hard to know who is rich and who is middle class. Source link
U.S. IRS to hire 30,000 staff over two years as it deploys $80 billion in new funding By Reuters
© Reuters. FILE PHOTO: Acting Internal Revenue Service Commissioner Danny Werfel takes his seat to testify before a House Ways and Means Committee hearing on
US IRS to unveil $80 billion 10-year spending plan this week, Yellen says By Reuters
© Reuters. FILE PHOTO: The Internal Revenue Service (IRS) building is seen in Washington, U.S. September 28, 2020. REUTERS/Erin Scott WASHINGTON (Reuters) – The Internal
IRS Refunds Are Smaller as Tax Day Approaches
With about two weeks to go until Tax Day, more than 80 million Americans, or about half of total taxpayers, have filed their 2022 returns