Tax

A retired FBI supervisor recently spoke with Channel 9 about his ongoing distress 24 years after the disappearance of Asha Degree in Cleveland County. The case has gained renewed attention following a recent search and the discovery of a…

HARRIS COUNTY, Texas — The family of 61-year-old Karen Miles believes skeletal remains found in Missouri City belong to their loved one. New court documents highlight Davante Clark, 28, as the only person of interest in the case, though…

Los Angeles: A court hearing has been scheduled for October 1 to determine the location where Christopher Hubbart, a 73-year-old convicted rapist, will be released, according to an announcement from the Los Angeles County District…

Arizona: Timothy J. Sullivan, 66, is set to be sentenced on October 7 for the murder of Amy "Ruby" Leagans, 49. Sullivan pleaded guilty to second-degree murder and concealing a body. Leagans had moved to Chandler, Arizona, in April 2020 for…

BEAVERTON- Beaverton police are asking for the community’s help in locating a missing woman who disappeared under mysterious circumstances. The woman, whose identity has been withheld pending family notification, was last seen in the…

The IRS has already awarded over 2.6 million refunds totaling over $3.65 billion, according to a recent report, as tax season gets underway. As of February 2, the average refund amount has reached $1,395, reflecting a reduction of…

The student loan interest deduction remains a valuable tax benefit for college students and parents financing education expenses through loans. With the pause on federal student loan payments since March 2020, questions arise…

A recent report from the IRS inspector general has raised concerns about the agency's handling of sensitive taxpayer information. Despite receiving unfavorable background reports, the IRS continued to grant access to 19…

A recent analysis by the Treasury Department and the IRS suggests that the IRS is set to collect more overdue taxes than initially thought. Thanks to enhanced enforcement measures funded by the Democrats' Inflation Reduction Act (IRA),…

The IRS is expected to collect significantly more overdue taxes than initially projected, as per a recent analysis by the Treasury Department. The boost in tax revenues, estimated at up to $561 billion from 2024 to 2034, is attributed…

Families will have a special chance in 2024 to optimize their Child Tax Credit by carefully planning when to file their taxes. The Child Tax Credit is a crucial support system for families, providing financial assistance to help…

The Nevada debate over public spending on sports venues resurfaces as a teachers' union political group launches a second legal challenge to block taxpayer funds for a proposed Las Vegas Strip baseball stadium. Strong Public Schools…

Tax season complexity is a yearly struggle, so as 2023 approaches, it's critical to keep up with the major developments that could affect your tax liability. The tax landscape is a dynamic one, with adjustments influenced by…

The bill seeks to improve the child tax credit for low-income families and implement three tax breaks for businesses, receiving widespread bipartisan support. The House achieved a rare bipartisan feat by passing a $79 billion tax cut…

The Federal Student Loan program, known as SAVE, has left many borrowers grappling with confusion, particularly concerning its tax implications. Among the myriad of questions, borrowers are eager to ascertain whether the SAVE…

The IRS has announced that the 2024 tax season will begin on Monday, January 29, 2024, marking the start of accepting and processing 2023 tax returns. As taxpayers brace themselves for this annual financial responsibility, it's…

IRS Commissioner Danny Werfel recently engaged in discussions with senators regarding a troubling report concerning fraudulent claims for a COVID-era tax break. The tax break in question, known as the employee retention tax…

As tax season approaches, it is crucial for every taxpayer to stay informed about the significant enhancements implemented by the IRS. Whether you're a seasoned filer or new to the process, understanding these updates is key to ensuring…

In order for the IRS and state tax authorities to confirm that correctly paid taxes, citizens and residents of the United States are required to file tax returns on a regular basis. While the standard filing threshold is based on net…

The IRS's filing deadlines and refund eligibility must be kept in mind by taxpayers in order to properly file their returns as tax season draws near. Tax refunds can be substantial, especially for those who accurately report their local…

Over half a million Arizona families who received a child tax refund last year have suffered a setback at the hands of the IRS, in an unexpected event. Initially designed to provide relief from rising inflation, the $250 per child…

People who are planning for their retirement need to understand the tax implications of collecting Social Security benefits. While Social Security is a valuable source of income for many retirees, it's essential to grasp how these…

The IRS is pushing for the dismissal of portions of a lawsuit filed by Hunter Biden, son of President Joe Biden, alleging that IRS agents unlawfully disclosed his private tax information. In a court filing on Tuesday, the IRS…

Lawmakers negotiating on behalf of the people have arrived at a $78 billion deal that prioritizes tax benefits for low-income individuals and businesses, as was reported on Tuesday. The deal, set to be announced by the House Ways and…

The IRS will begin accepting and processing returns for the 2023 tax year on Monday, January 29, signaling the formal start of the 2024 tax season. The bulk of submissions are projected to be made before the April 15 deadline,…

The IRS has announced a significant achievement, revealing the collection of an additional $360 million in overdue taxes from delinquent millionaires. The agency's leadership, aiming to spotlight their modernization efforts funded…

President Joe Biden's son, Hunter Biden, entered a not guilty plea to nine felonies and misdemeanor tax charges in a dramatic courtroom appearance in downtown Los Angeles. The charges allege that Biden failed to pay $1.4 million…

An innovative proposal has been made to expand Medicare by $12 billion year, thereby offering free dental treatment to all Australians. The proposal, currently under consideration by the federal government, is the result of a…

Amidst financial concerns and ongoing discussions surrounding student loan debt, there's a glimmer of relief for Americans diligently repaying their loans. The Internal Revenue Service (IRS) offers a student loan interest…

The IRS notice that marks the beginning of filing tax returns is always met with great anticipation from taxpayers who hope to get their refunds in the weeks that follow. In an eagerly awaited declaration, the IRS revealed that the tax…