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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Taxpayer Advocate Service Feed

TAS Tax Tip: Small business tax highlights

Thu, Aug 11, 2022

August 11, 2022 – The form of business you operate determines what taxes you must pay and how you pay […] The post TAS Tax Tip: Small business tax highlights appeared first on Taxpayer Advocate Service. ...

NTA Blog: IRS.gov – How Usable Is It? (Part Two)

Thu, Aug 11, 2022

August 11, 2022 – In my previous blog post , I discussed the challenges taxpayers face when searching for information […] The post NTA Blog: IRS.gov – How Usable Is It? (Part Two) appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: 2022 IRS Nationwide Tax Forum will be held virtually

Wed, Aug 10, 2022

August 10, 2022 – Each year the IRS sponsors the Nationwide Tax Forum. The event is a series of tax education […] The post TAS Tax Tip: 2022 IRS Nationwide Tax Forum will be held virtually appeared first on Taxpayer Advocate Service. ...

NTA Blog: IRS.gov – How Usable Is It? (Part One)

Tue, Aug 09, 2022

August 9, 2022- I would like to zoom out and look at the larger picture – the usability of IRS.gov. […] The post NTA Blog: IRS.gov – How Usable Is It? (Part One) appeared first on Taxpayer Advocate Service. ...

NTA Blog: IRS Deputy Commissioners Respond to Taxpayer Advocate Directive on Scanning Technology; National Taxpayer Advocate Appeals Decision to IRS Commissioner

Thu, Aug 04, 2022

August 4, 2022 – Throughout my tenure as the National Taxpayer Advocate, I have appreciated the ongoing exchange of ideas and […] The post NTA Blog: IRS Deputy Commissioners Respond to Taxpayer Advocate Directive on Scanning Technology; National Taxpayer Advocate Appeals Decision to IRS Commissioner appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: What to do if you receive an IRS balance due notice for taxes you have already paid.

Fri, Jul 22, 2022

July 21, 2022 – Know your rights and what to do if the IRS sends you a bill after you […] The post TAS Tax Tip: What to do if you receive an IRS balance due notice for taxes you have already paid. appeared first on Taxpayer Advocate Service. ...

Tax benefits and resources for people experiencing homelessness

Thu, Jun 30, 2022

July 1, 2022 – The Taxpayer Advocate Service asks you to help spread the message about resources available to the […] The post Tax benefits and resources for people experiencing homelessness appeared first on Taxpayer Advocate Service. ...

NTA Blog: Do You Need to Electronically Sign a Tax Form That Cannot Be E-Filed? Make it Digital.

Thu, Jun 30, 2022

June 30, 2022 – For the more than 40 forms that cannot be e-filed, the IRS permits paper filing of those […] The post NTA Blog: Do You Need to Electronically Sign a Tax Form That Cannot Be E-Filed? Make it Digital. appeared first on Taxpayer Advocate Service. ...

NTA Blog: Beginning Today, Some of Our Nation’s Most Vulnerable Taxpayers Will Automatically Have Their Accounts Excluded From Assignment to Private Collection Agencies

Fri, Jun 24, 2022

June 24, 2022 – Since 2018, TAS has been urging the IRS to stop assigning to private collection agencies (PCAs) […] The post NTA Blog: Beginning Today, Some of Our Nation’s Most Vulnerable Taxpayers Will Automatically Have Their Accounts Excluded From Assignment to Private Collection Agencies appeared first on Taxpayer Advocate Service. ...

National Taxpayer Advocate identifies key objectives, expresses concern about refund delays, and low levels of phone service.

Thu, Jun 23, 2022

National Taxpayer Advocate Erin M. Collins released her statutorily mandated mid-year report to Congress. The report expresses concern about continuing […] The post National Taxpayer Advocate identifies key objectives, expresses concern about refund delays, and low levels of phone service. appeared first on Taxpayer Advocate Service. ...

News

UK rising cost of living forcing Britons to part ways with pets

The cost of living, fueled by inflation, is rising in the United Kingdom, and many residents are having to make tough decisions about keeping their pets....

Walmart, Home Depot earnings, retail sales, existing home sales top week ahead

FOX Business takes a look at upcoming events likely to move financial markets in the coming days....

Sonic Drive-In brings back fan-favorite Pickle Juice Slush for limited time

Sonic Drive-In brings back its Pickle Juice Slush beverage for the month of August. The chain has also added two other pickle items to its menu for a limited time....

American workforce continues to shrink, falls 400k since March after nearly hitting prepandemic levels

Data shows the number of U.S. workers has fallen 400,000 since March after coming close to reaching prepandemic levels, causing businesses to struggle to hire labor....

Elvis Presley collector reveals why the King is more valuable 45 years after his death: 'Truly an investment'

Stephen M. Shutts, the founder of Rockology, described how Baz Luhrmann's Elvis Presley biopic starring Austin Butler hs raised the King's value more than ever....

Saudi Aramco profit jumps as oil prices soar

The Saudi state oil company reported soaring profits for the second quarter on the back of higher oil prices and refining margins....

Cantor executive, former Deutsche Bank Co-CEO Anshu Jain dies

Anshu Jain, a veteran of the financial industry and Cantor Fitzgerald president and former co-CEO of Deutsche Bank, has died after a battle with cancer, according to his family....

California retirement community hikes elderly couple's rent by $1,000/month: 'That has to be a mistake'

Residents of Paradise Village in National City, California, have been informed by management in a newsletter that they will be required to pay an additional fee for double-occupancy....

Sen. Warren wants to expand IRS powers beyond the Inflation Reduction Act to prepare tax returns

Sen. Elizabeth Warren and other Democrats have plans to give more power to the IRS to prepare taxes, and the Inflation Reduction Act starts that process...

At least 300 TikTok employees previously worked for Chinese state-aligned media: Report

A survey of current TikTok employees on LinkedIn found that hundreds have previously worked at state-aligned Chinese media outlets, and fifteen of them allegedly still do....