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Tax Essentials

Check here for news on tax developments, including tax software, IRS regulations and revenue procedures, tax services, and trends in state taxes, including sales taxes.

Congress Requires Self-Preparers and Consumer Tax Software to Check for Improper Tax Credits

The $1.1 trillion spending bill passed by Congress this week and signed into law by President Obama on Tuesday contains a provision directing the Treasury Department to implement uniform standards for taxpayers claiming refundable credits such as the Earned Income Tax Credit to stem improper payments. Read more »

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