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The IRS has a method of ‘last resort' to collect overdue taxes: Revoking your passport
The State Department can deny a passport application or revoke an active passport if the IRS certifies a tax debt as “seriously delinquent.”
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Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge's decision
Coca-Cola Co. says it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a federal tax court decision in a case dating back 17 years.
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Gov. Youngkin says Virginia won't participate in IRS Direct File
More than 100 lawmakers wrote a letter to Youngkin urging him to bring the free filing program to the Commonwealth.
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IRS has taken nearly 2 years to help tax identity theft victims get their refunds
Tax identity theft victims are waiting nearly two years for resolution and refunds from the IRS. But the agency is working on improvements.
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IRS unveils plan to end another major tax loophole for the wealthy and raise $50 billion in the process
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
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These tax strategies can be a ‘silver lining' after a prolonged job layoff, advisor says
You could leverage tax planning strategies after unemployment if your income is lower in 2024, experts say. Here’s what to know.
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DC's mayor and council chairman disagree on how to close the budget gap. Here's where their plans differ
D.C. is faced with a $700 million budget gap next year, and residents are facing some significant tax increases across the District to close the distance. News4’s Mark Segraves reports.
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IRS announces Direct File as permanent free tax-filing option starting next year
The IRS announced that Direct File, a free tax-filing option for simplified tax returns, will be a permanent option starting next year.
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Fairfax County considers prepared meals tax
The Fairfax County Board of Supervisors is looking at a proposal for a prepared meals tax again. A tax on food and beverages prepared in restaurants, grocery stores and convenience stores has been rejected in the county twice in the past two decades. Even birthday cakes could cost between 1% to 6% more if the tax is adopted. “Potential revenue…
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Fairfax County considers prepared meals tax
The Fairfax County Board of Supervisors is looking at a proposal for a prepared meals tax again. News4’s Jackie Bensen reports.
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It's Tax Day. And your refund may be larger than usual this year
On this Tax Day, refunds are looking a bit bigger for taxpayers.
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IRS: You have ‘options' if you can't pay your taxes by the April 15 deadline
If you can’t pay your taxes by April 15, you have “options,” according to the IRS. Here’s what to know about payment plans.
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Got kids? Here's what to know about filing your 2023 taxes
Tax pros say there are a few tips parents should keep in mind when filing their tax returns this year.
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Tax tips for college students and their parents
There are lots of things college students and their parents should keep in mind before filing their taxes.
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Today is Tax Day. What happens if you don't file your taxes or file late?
Will the IRS fine you? Here’s what could happen if you fail to file your taxes by April 15 and how to request an extension.
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IRS adds ‘important update' for free Direct File pilot as federal tax deadline approaches
With one week until the tax deadline, the IRS has added an “important update” for Direct File, the agency’s free tax filing program. Here’s what to know.
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What happens if you miss the tax filing deadline?
The IRS provides some options if you are unable to file your tax return on time.
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Here's how to protect yourself from common scams this tax season
Scammers look for ways to trick people into giving them money year-round, but tax season can be particularly fraught. What you need to know.
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There's still time to reduce your tax bill or boost your refund before the deadline — here's how
There may be a deduction for contributions to a pretax individual retirement account, spousal IRA or health savings account.
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Tax changes small business owners should be aware of as the tax deadline looms
April 15 is still the annual tax deadline for many small businesses although, unlike individuals, small businesses can have varying deadlines depending on the type of company, the state the taxes are filed in, and other factors.