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While tax season started seven days later this year, taxpayers are getting their returns into the IRS earlier, according to the latest statistics.
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Financial advisors and tax pros say the exemption poses a lot of complexity — and substantial savings. But it could go away at the end of next year.
March 14 -
Guy Ficco, the current deputy chief of IRS CI, will be the new chief, succeeding Jim Lee.
March 13 -
Daniel Rotta hid more than $20 million from the IRS, using "pseudonyms, complicated corporate structures and nominees" to conceal offshore assets and income.
March 13 -
R&D and China; billable versus subscription; trailblazers; and other highlights from our favorite tax bloggers.
March 12 -
Criminals are exploiting networks of innocent people to move illicit funds between bank accounts, currencies and blockchains in an effort to evade law enforcement.
March 12 -
The pilot program is expanding in the 12 states where it's available.
March 12 -
A Brazilian-American businessman who lives in Florida was charged with using Credit Suisse Group AG, UBS Group AG and other Swiss banks to hide more than $20 million in assets from U.S. tax authorities over 35 years.
March 12 -
The fate of the Child Tax Credit is in the hands of the Senate, but the IRS is ready to implement changes rapidly if the bill is passed.
March 11 -
Some companies are misrepresenting when food and wellness expenses can be paid for by FSAs, HSAs and other health spending plans.
March 8