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The Latest Breaking News from IRS

Yellen, House Republicans spar over tax increases, debt limit - Roll Call

House Republicans slammed the Biden administration’s tax proposals in a hearing with Treasury Secretary Janet L. Yellen on Friday.

Roll Call

Rivian Emails Customers About IRS' Rules For EV Tax Credits

Just because the EV you ordered may not qualify for the revamped US EV tax credit doesn't mean you can't get the original credit. The IRS released new guidance.

InsideEVs

IRS nominee Daniel Werfel confirmed by Senate vote

The U.S. Senate has confirmed Daniel Werfel to serve as commissioner of the Internal Revenue Service by a vote of 54-to-42

The Independent UK

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Atlanta hospital closure inquiry sought by Georgia Democrats

Democratic Georgia lawmakers, local officials and the NAACP are asking federal officials to investigate a health care system that closed hospitals in downtown Atlanta and a southern suburb

The Independent UK

Biden administration urged to take more aggressive steps to relieve medical debt

Dozens of advocates for patients and consumers, citing widespread harm caused by medical debt, are pushing the Biden administration to take more aggressive steps to protect Americans from medical bills and debt collectors.

Tribune News Service

Medical debt affects millions, and advocates push IRS, consumer agency for relief

More than 50 consumer and patient groups want the Biden Administration to aggressively protect Americans from medical bills and debt collectors. The effort follows a KHN/NPR investigation.

WEKU

Stripe: ‘The IRS can help the next wave of American entrepreneurs. Here’s how’

The IRS should maintain and expand pandemic-era electronic application processes so that new businesses can get up and running.

Fortune

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NOT REAL NEWS: A look at what didn't happen this week

Social media users shared a range of false claims this week

The Independent UK

Next step in surveillance AI: finding out who your friends are

LOS ANGELES — A gray-haired man walks through an office lobby holding a coffee cup, staring ahead as he passes the entryway.

Los Angeles Times

My Son Did His Taxes for the First Time. Rage Ensued.

Nothing focuses the mind quite so intently on the sheer stupidity of government as doing your taxes.

Reason

Governor, IRS give Californians until October to file tax returns

Good news for most Californians who owes taxes to the federal or state government: The deadline for filing your return and paying what you owe has been pushed back to October.

Los Angeles Times

Tax Day: When Is the Last Day to File Your Taxes?

Tax Day falls on April 15 this year. However, some people have an extended tax deadline and extra time to file. Are you one of them?

Kiplinger

Don't miss these 3 tax credits when you file this year

Unlike a deduction, which decreases the income on which you’ll be taxed, a tax credit reduces your overall tax due

The Independent UK

Incentives and threats: How to avoid scammers 'phishing' for money, personal information

There are certain rites of passage in life. Milestone birthdays, graduations, marriages or births. And of course, that first email from a Nigerian prince who wants your bank account number to safeguard money with the promise you'll receive a fortune in return.

Tribune News Service

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Salon

Anti-choice law firm fuels election lies

Catholic-led law firm sowing doubts about election integrity as part of its long-term strategy to battle abortion

Kiplinger

Filing a Deceased Person's Final Income Tax Return

Unfortunately, death doesn’t relieve one’s obligation to file a final federal income tax return.

Salon

Christian health nonprofit dupes members

Liberty HealthShare saddled thousands with debt as it built a family empire including pot farm, bank and airline

The Guardian - US

‘Crafting an illusion’: US rail firms’ multimillion-dollar PR push

Norfolk Southern, the company behind the Ohio train crash, and other rail firms spent millions on marketing and lobbying

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Salon

Project Veritas fires James O'Keefe

O'Keefe has been forced out of the organization he founded due to alleged financial improprieties

The Conversation

Project Veritas fired James O'Keefe over fear of losing its nonprofit status – 5 questions answered

James O'Keefe, the founder of Project Veritas, says he has been fired. He is no longer leading the conservative nonprofit organization, which is known for its use of hidden cameras and false identities to try to catch members of the media and progressive leaders saying embarrassing things and to expose…

The Texas Tribune

School districts face millions in extra costs as Texas program that backs bond debt hits its limit

Without the state’s safety net, districts with pending bond projects must now decide whether to pay more in interest or halt construction.

The Independent UK

For donors, wartime Ukraine aid creates blurry ethical line

Since Russia invaded Ukraine a year ago, U.S. companies, nonprofits and individuals have responded with donations, including of equipment like bulletproof vests and drones

Fortune

The average tax refund is $300 smaller so far this year

There might also be a delay in receiving your refund.

Salon

Big Biz wields influence over governors

NGA Chair Phil Murphy represents "the absolute worst of trickle-down economics," expert says

The Independent UK

IRS nominee: No audit boost for households under $400,000

President Joe Biden's nominee to lead the Internal Revenue Service says that, if confirmed, he will commit to not increasing tax audits on businesses and households making less than $400,000 per year

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