IRS has begun sending letters to virtual currency owners advising them to pay back taxes, file amended returns; part of agency’s larger efforts WASHINGTON — The Internal Revenue Service has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income...
As many as 10 million people potentially overpaid their taxes and could be in line for refunds, the IRS said Friday. The agency has begun correcting those tax returns and issuing refunds. It's doing the work in phases, starting with single taxpayers with simple returns — such as those who...
Sending your kids to public school from kindergarten to 12th grade generally won’t result in any tax breaks for you. Likewise, in most circumstances, you won’t get a significant break on your taxes by sending your kids to private schools either. Federal tax law doesn’t al...
Most taxpayers who may have overpaid their taxes don't need to do anything to collect a refund, according to the IRS. The agency said it is proactively adjusting taxpayers' refunds and sending back money. However, one group of people may need to file an amended tax return to get all the...
Le$bian tax guru$: taxes are as certain as death--and sometimes just as scary--but sending your savings off to the IRS can be a little less daunting with some solid help.(Internal Revenue Service)Steinberg, Allison
These efforts began on the heels of President Roosevelt's New Deal for Crime to curtail gang-related violations. The act imposed taxes on the manufacture and sale of machine guns and sawed-off shotguns, and mandated all sales be recorded in a national registry. [Pictured: A man holds ...