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The average median refund is $932 for 2020. Texas (93,400), California (88,200), Florida (53,200) and New York (51,400) have the largest amount of people potentially eligible for these refunds.
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Commissioner Danny Werfel says the IRS is seeing "very powerful early results" in its efforts to improve enforcement on high wealth is paying off.
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Direct File will be open only to people with certain tax situations living in certain states at the outset. The free service has been criticized by Republicans and tax preparation companies.
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The IRS has made it a bit easier for EVs to qualify for tax credits in 2025. In the meantime, here's what you need to know about which cars are eligible right now.
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The Internal Revenue Service, which has seen budget and staff cuts in recent years, is responsible for carrying out several key provisions of the legislation signed by President Biden this week.
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Congress last week approved a bill that makes tax incentives permanent for agreements that conserve land and preserve open space. Lands conservancies are…
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South Carolina Governor Nikki Haley says nearly 6 million residents had their social security and bank account numbers stolen by hackers in a September…