The move to audit the IRS aligns with previous efforts by Musk to challenge federal tax collection practices, including his past criticisms of government spending and the Direct File program, a free ...
Elon Musk created confusion on Monday with an X post that led some people to believe he had eliminated an agency that ...
"Weaponization" of IRS audits by a US President is a concern held by many. How likely is it? I asked legal experts and IRS ...
As the 2025 tax season progresses, taxpayers are left to try to navigate this uncertain landscape. Hopefully, the confusion surrounding Elon Musk’s Treasury payment systems and shakeups at the IRS don ...
In response to the recent wildfires ravaging southern California, the IRS has announced tax relief. This measure, primarily benefiting Los Angeles County residents, pushes back various tax ...
The IRS and auditors reportedly don't consider race when selecting audits. However, algorithms disproportionately targeted Black taxpayers who claimed the EITC on their tax returns. So ...
So, no matter how early you file, remember that the federal tax return deadline (Tax Day) is April 15th, 2025. The federal ...
The clock is ticking! It's your last chance to file your information returns before the January 31 deadline. Let Tax1099 take the stress out of ...
The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.
Instead, those who are most likely to evade detection are the people trying to hide their income in tax shelters, shifting ...