Posts

Showing posts with the label IRS

A government program made tax filing free and more efficient. Musk and DOGE may get rid of it anyway

Image
  A government program made tax filing  free and more efficient. Musk and DOGE  may get rid of it anyway the IRS Direct File’s fate remains unclear as Elon Musk and DOGE cleave their way through the federal bureaucracy FILE – The sign outside the Internal Revenue Service building is seen. May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File) By  Associated Press  |  ap@dfmdev.com UPDATED:  March 13, 2025 at 9:00 AM EDT By FATIMA HUSSEIN, Associated Press WASHINGTON (AP) — Mia Francis, a 22-year-old barista from Boston, filed her taxes on her own this year for the first time, using a free government tax filing program that made it easy because it did most of the work for her. Francis said it took 45 minutes to finish her taxes with the  IRS Direct File program , an electronic tax return filing system that the IRS made permanent last year and that has rolled out to 25 states. Francis is expecting a $530 refund. And because she saved cash by ...

Democrats' IRS Crackdown on Millionaires Draws in $1 Billion

Image
                 THE IRS IS ABLE TO AUDIT WEALTHY TAX CHEATS & RECOVER UNPAID                     TAXES.....REPUBLICANS OPPOSE FUNDING THE IRS....whose side are they                          on?     Democrats' IRS Crackdown on Millionaires Draws in $1 Billion "This is what happens when you fund the IRS," said one tax fairness group. "Anyone trying to cut IRS funding just wants to protect rich tax cheats." As the U.S. Internal Revenue Service announced Thursday that it had recovered $1 billion in unpaid taxes from wealthy individuals, economic justice advocates said the news served as a reminder of a top priority for the Republican Party: ensuring that tax evasion can continue among the richest Americans. The IRS was able to recover the tax payments "thanks to historic funding from Democ...

The second-biggest Republican lie

Image
  The second-biggest Republican lie And the truth you should know Robert Reich Aug 30 Billionaire GOP  mega-donor  Steve Wynn has some free messaging advice for Republicans, which he proffered in a  conference call  last Wednesday with Republican National Committee Chair Ronna McDaniel and Newt Gingrich (the audio was obtained by  Politico ): He urged the GOP to run TV ads telling average working people that Democrats have funded the IRS to hammer them. Wynn even offered a script: “Tell them the IRS is ‘coming after you if you’re a waiter, if you’re a bartender, if you’re anybody with a cash business … they’re coming after you.’” Unfortunately for Wynn, the funding for the IRS in the Inflation Reduction Act targets the very wealthiest Americans — such as Steve Wynn — whose complicated businesses dealings and small armies of accountants and tax attorneys require lots of IRS resources if they’re to be audited. Over the past decade, Republican lawmakers cut th...