If You Deposit a Lot of Cash, Does Your Bank Report It to the Government?
Key Takeaways - If You Deposit a Lot of Cash, Does Your Bank Report It to the Government? Depositing $10,000 or more in cash means your bank or credit union will report it to the federal government.
Richmond2d
Elon Musk creates confusion about IRS' Direct File — but the free tax program is still available
The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from charging people to use their software.
Do You Pay Taxes on Savings Account Interest?
If you earned at least $1 from a savings account in the last year you'll need to report that amount on your federal taxes.
Mint13d
Skipping notice period leads to a tax trap. Budget 2025 should address this
This imbalance leaves employees at a distinct disadvantage, effectively forcing them to bear a tax burden on non-existent income. Addressing this anomaly should be a priority in Budget 2025.
The Guardian Nigeria14d
We’re not rebasing GDP to satisfy any interest – NBS
The National Bureau of Statistics (NBS) has explained that the plan to rebase the country’s gross domestic product (GDP) and the consumer price index (CPI) is not to satisfy any interest but to ...
USA Today15d
When should I expect my IRS tax refund? Here's how long it should take and how to track it
If you file electronically and your return is accurate and complete, the IRS says it should take less than three weeks to receive your refund and even less time if you choose direct deposit.
Yahoo Finance15d
When should I expect my IRS tax refund? Here's how long it should take and how to track it
Whether you're among them or just want your money, here's when you can expect your tax refund and how to track it. Should you file your your own taxes? When to consider bringing in tax pros and how to ...
Investopedia17d
If You Received This Amount Via Cash App or Venmo Last Year You Must Tell the IRS
Sally Anscombe / Taxi The IRS has implemented reporting ... failure-to-pay penalties, and/or interest charges. Users of P2P payment platforms should keep accurate records, separate personal ...
USA Today18d
Taxpayers could get a $1,400 stimulus check by the end of this month. Are you eligible?
According to the IRS, this round of stimulus checks was established after the agency reviewed internal data showing that many eligible taxpayers who filed a 2021 tax return did not claim the ...
Forbes19d
IRS Audit Period Is 3 Years, 6 Years, Or More. Here’s How To Tell
Tax lawyers and accountants are used to monitoring the duration of their clients’ audit exposure, and so should you. In most cases, that will be either three years or six years. But in some ...
Canada19d
Interest and penalties on late taxes
If you cannot pay your balance owing, you should still file on time to avoid being charged the late-filing penalty. You can make a request to the CRA to cancel or waive penalties or interest if you ...