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  2. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    Although it ended on December 31, 2021, eligible employers may still be able to claim the tax credit by filing amended forms with the Internal Revenue Service. Due to a substantial number of improper claims, processing of amended forms claiming the Employee Retention Credit has been temporarily suspended as of September 14, 2023.

  3. Trump’s Executive Orders Could Delay Your Tax Refund This ...

    www.aol.com/trump-executive-orders-could-delay...

    President Donald Trump has issued a slew of executive orders (EO) since beginning his second term, including one that may have an impact on your tax refund.One of Trump’s EOs initiated a hiring ...

  4. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    The IRS has estimated that between 21% and 25% of this cost ($11.6 to $13.6 billion) is due to EITC payments that were issued improperly to recipients who did not qualify for the EITC benefit that they received. [47] For the 2013 tax year the IRS paid an estimated $13.6 billion in bogus claims.

  5. IRS still has ways to go in modernizing, improving service ...

    www.aol.com/finance/irs-still-ways-modernizing...

    The IRS expects more than 128.7 million individual tax returns to be filed by April 15, 2024, this year’s tax deadline, and it seems like it's better poised to tackle that task this year.

  6. IRS Issues New Guidelines for the Earned Income Tax Credit ...

    www.aol.com/irs-issues-guidelines-earned-income...

    For 2021, the EITC is generally is available to the following eligible taxpayers who are at least 19 years old without qualifying children: Individuals who have earned income of less than $21,430

  7. Internal Revenue Code - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code

    Subchapter N: Tax Based on Income From Sources Within or Without the United States (§ 861–§ 1000) Part I: Source Rules and Other General Rules Relating To Foreign Income (§ 861–§ 865) Section 861: Income from sources within the United States ... Subchapter O: Gain or Loss on Disposition of Property (§ 1000–§ 1111) ...

  8. Tax returns in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_returns_in_the_United...

    Income taxes. Form 1040, U.S. Individual Income Tax Return; Form 1040A, U.S. Individual Income Tax Return; Form 1040EZ, Income Tax Return for Single and Joint Filers with No Dependents; Form 1041, U.S. Income Tax Return for Estates and Trusts (for 1993 and prior years, this was known as "U.S. Fiduciary Income Tax Return");

  9. 7 Reasons the IRS May Still Owe You Money - AOL

    www.aol.com/finance/7-reasons-irs-may-still...

    As of Sept. 24, the IRS was still facing a backlog of 1.5 million amended returns. They’re processed in the order they’re received, but the IRS warns that it could take up to 20 weeks to get ...

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