Found 417 Matching Items; Displaying 51 - 60.
Tax updates and news from the IRS
Taxpayers face a number of issues due to critical tax law changes that took place in 2022 and ongoing challenges related to the pandemic. The IRS continues to share updated information for people preparing to file their 2022 tax returns as well as anyone who has previous year tax returns awaiting processing by the IRS.
General Information
Individuals, Tax Professionals
Families can save money with free tax filing options
Tax Tip 2024-28, April 4, 2024 — Taxpayers with families who want to file free federal tax returns have several options that offer online tax preparation, electronic filing and direct deposit of refunds for free.
General Information
Individuals
Retirement topics - Exceptions to tax on early distributions
Review exceptions to the 10% additional tax on early retirement plan distributions.?
General Information
Administrators
Taxpayers should know that an extension to file is not an extension to pay taxes
Tax Tip 2023-30, March 8, 2023 — Taxpayers who aren’t able to file by the April 18, 2023, deadline can request an extension before that deadline, but they should know that an extension to file is not an extension to pay taxes. If they owe taxes, they should pay them before the due date to avoid potential penalties and interest on the amount owed.
General Information
Individuals
Important tax reminders for people selling a home
Tax Tip 2022-78, May 19, 2022 — A lot of families move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return.
General Information
Individuals
Missed the Tax Day deadline? Here’s what taxpayers should do
Tax Tip 2023-54, April 20, 2023 —Taxpayers who missed the recent April filing and payment deadline should know their obligations and the possible consequences if they don’t file or have an overdue tax bill.
General Information
Individuals
Eligible seniors have many free tax filing options
Tax Tip 2024-05, Feb. 12, 2024 — Whether they prepare and file their own tax returns or get in-person help, there are easy, secure and free tax filing options for seniors.
General Information
Individuals
Holt man pleads guilty to tax evasion
Jan. 8, 2025 — U.S. Attorney for the Western District of Michigan Mark Totten today announced that Kerry Christian Heuhs of Holt pleaded guilty to tax evasion.
News
News Media
School is out for the summer, but tax planning is year-round
Tax Tip 2022-76, May 17, 2022 — Now that the April filing deadline has passed, most people are spending more time thinking about summer vacations than taxes. ob体育ever, summer is a great time to review withholding and see if summer plans will affect next year’s tax return.
General Information
Individuals