'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn

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  'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn

  As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”
  
  NBC News - 12h
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  $1 billion in unclaimed tax refunds to expire soon: How to claim your money

  The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...
  
  The Hill - 12h
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  Kleptocrats to benefit from Trump DoJ’s anti-corruption pause, experts warn

  Former prosecutors criticize Pam Bondi’s decision to halt enforcement of bribery laws as short-sighted and dangerous. A radical makeover at the US department of justice has seen key drives to fight ...
  
  The Guardian - 1d
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  How the IRS can crack down on ghost tax return preparers

  Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.
  
  The Hill - 3d

• You can still claim a $1,400 stimulus check from the IRS—how to know if you qualify

  You might be entitled to $1,400 in stimulus check money, but you'll have to file a 2021 tax return to claim it.
  
  CNBC - 2d
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  How the Tax Bill Could Impact Your Wallet

  Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.
  
  The New York Times - 1d

• Received an audit letter from the IRS? Do these 3 things now

  It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.
  
  CBS News - 1d

• How to calculate your Social Security tax obligations

  Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.
  
  CBS News - 10h

• Protecting yourself from tax identity theft

  Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...
  
  CBS News - 16h

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