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ConsumerWatch: Couple's Tax Typo Sends Refund To StrangerFiling their taxes online for the first time as married, one Modesto couple made a big, costly mistake.
Trump Halts Obamacare Expansion; Order May Let IRS Waive Mandate FinesThe president's first executive order is a one-page directive giving agencies authority to grant waivers, exemptions and delays of provisions in the Affordable Care Act.
Koch Brothers Push Forward Efforts To Hide Nonprofit Donors' IdentitiesThe billionaire Koch brothers' are steamrolling ahead in their efforts on both the state and federal level to hide the identity of donors to nonprofit groups.
Public Can Rate IRS, Post Offices, Government Agencies On YelpUncle Sam is joining the ranks of beauty salons, taco stands and other services reviewed on Yelp.
Free Gourmet Meals At Tech Companies May Become A Thing Of The PastThe IRS could start taxing techies for all the free food they've been getting on the job.
IRS Admits Data Breach Was Much Worse Than ReportedThe IRS admitted Monday that a massive data breach was much larger than first thought.
Lawmakers Try To Block PG&E Plan To Write Off $1.6 Billion Penalty From Deadly San Bruno Gas ExplosionA bill in the California Legislature would prohibit the state's largest utility from claiming tax deductions for a $1.6 billion penalty stemming from a deadly 2010 natural gas explosion.
IRS Cutbacks Resulted In 8 Million Hang Ups On Callers This Tax SeasonThe IRS' overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services. The agency's budget has been cut by $1.2 billion since 2010.
What Is Earned Income Tax Credit (EITC)?Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.
Small Business Tax Tips: Are You Filing The Correct Forms?It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
Fake Agents Dupe Taxpayers Out Of $15.5 Million In Largest IRS Phone Scam In HistoryFake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail time as part of a huge nationwide scam.