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During a Senate Finance Committee hearing held on May 20, 2025, Senator Raphael Warnock presses Billy Long, Trump nominee to be Commissioner of Internal Revenue at the Department of the Treasury, on ...
Clyde Gibson, Jr., 43, of Hartford, prepared at least 135 fraudulent tax returns between 2016 and 2022. He now must pay back that money in restitution.
Filing taxes can be a daunting task, and errors can lead to significant financial consequences. The IRS imposes penalties for ...
The IRS requires most Americans to file a tax return every year to ensure they're up to date on the taxes they owe. The IRS ...
Roth IRAs are one of the most powerful tools for retirement savings, offering tax-free growth and tax-free withdrawals in ...
Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...
From Common Myths to Smart Solutions, Clear Start Tax Explains How to Handle IRS Debt the Right Way IRVINE, CA / ACCESS ...
Tax professionals now describe the IRS as a "zombie" agency - technically alive but unable to perform its core mission. The enforcement vacuum benefits high-income individuals with complex financial ...
If you use cryptocurrencies like Bitcoin, it’s key to understand crypto taxes. Reporting your crypto activities helps avoid ...
Required minimum distributions (RMDs) are the minimum amounts you must withdraw annually from certain retirement accounts, ...
Thinking of retiring rich as a solopreneur? Discover why a SEP IRA could be your best-kept secret. This video breaks down how ...
You may have gotten a surprise IRS tax bill that left you wondering what happened. Here are six reasons you might have owed more taxes and what to do about it.