Here’s why IRS tax audits have declined over the past decade
Funding for the IRS has been squeezed for the past 10 years, which has correlated with a decline in audit
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Income Tax
Biden calls for tax on the wealthy to extend Medicare funding
President Joe Biden this week called for higher taxes on wealthy Americans to boost Medicare as part of his 2024
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IRS: Residents of more than a dozen states do not need to report ‘special payments’ for welfare, disaster relief on their federal return
The IRS on Friday issued state rebate and payment guidance for millions of filers urged to pause federal filings. Here's
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Tax pros still in limbo after IRS tells millions who received state rebates to pause filings
If you received a state tax rebate or payment in 2022, it's unclear whether the funds are taxable on your
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Trump’s tax returns show no Social Security benefit income. Here’s what retirees can learn about claiming
The former commander in chief seems to have foregone Social Security benefit income. But you may not want to employ
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Tying the knot this year? Add ‘marriage tax penalty’ to the potential cost
While a so-called marriage tax penalty is less likely to happen these days, some newlyweds still pay more to Uncle
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Wages up to $147,000 are currently taxed for Social Security. How that could change
Making higher earners pay more into Social Security is a popular idea with many Americans. Here's how such a change
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There’s a growing interest in wealth taxes on the super-rich. Here’s why it hasn’t happened
Americans increasingly favor a wealth tax on the ultra-rich, but despite the uptick in proposals, these policies have struggled to
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The tax deadline is 10 days away. Here’s the average refund so far
There are 10 days until April 18, the tax deadline for most Americans. Here's the average refund so far. Source
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