With employees from the so-called Department of Government Efficiency poking around in agency systems, faith in data security isn’t what it once was. The tool, an identity protection PIN, can help.
Category: Internal Revenue Service
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Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.
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What to Know About Filing Your Tax Return as the I.R.S. Sheds Workers
How to avoid delays, check the status of refunds and contact the Internal Revenue Service with problems.
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Did You Sell Concert Tickets or Clothes? You May Owe Taxes
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert says.
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I.R.S. Fires 6,700 Employees Amid Tax Filing Season
The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.
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Elon Musk’s DOGE Team Seeks Access to I.R.S. System With Taxpayers’ Records
A White House spokesman said that the initiative called the Department of Government Efficiency needed to review data to fix waste within the agency.
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Musk Team Seeks Access to I.R.S. System With Taxpayers’ Records
A White House spokesman said that the initiative called the Department of Government Efficiency needed to review data to fix waste within the agency.
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Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million
A Nevada business owner prepared and filed false tax returns to fraudulently obtain Covid relief money for her businesses and others, prosecutors said.
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You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the $10,000 annual limit.
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Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.