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Most Americans are eligible for free tax-preparation services, but the truly free options can be hard to find. If you’re not careful, you could end up using a service that says it’s free but demands payment after you’ve spent time entering your information.
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Joe Biden's son Hunter said he learned that "the U.S. Attorney's Office in Delaware advised my legal counsel ... that they are investigating my tax affairs."
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The IRS now says its own error caused thousands of non-Americans living overseas to mistakenly receive $1,200 stimulus checks — and the mistake could happen again if more stimulus money goes out.
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President Trump paid $750 in federal income taxes in 2016 and 2017, according to the Times, which also says he's fighting an IRS audit that could cost him over $100 million.
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Maia Espinoza, who is challenging incumbent Chris Reykdal in the November election to become the state superintendent of public instruction, made the clarification Wednesday after repeated inquiries from The Associated Press.
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The IRS said the economic relief payments "are going out on schedule, as planned, without delay." The Washington Post reported that Trump's name would be included on the checks, an unprecedented step.
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Under the plan, single people earning incomes below $75,000 will receive as much as $1,200. The White House says it will issue funds in three weeks but experts say it could take months for some.
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U.S. taxpayers will have a three-month extension to file their taxes because of the coronavirus pandemic, Treasury Secretary Steven Mnuchin said Friday. He said that at the president's direction, "we are moving Tax Day from April 15 to July 15."
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Lawyers for President Trump say they plan to appeal to the Supreme Court, potentially setting up an election year decision about disclosing the president's finances.
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The Washington State Gambling Commission voted Thursday to delay deciding a request from the National Rifle Association's charitable arm to increase a $300,000 cap on raffle prizes. The commission cited ongoing investigations of the NRA’s nonprofit status and finances in New York and Washington, D.C.