taxes Some Countries Do Your Taxes For You. Here's Why the US Doesn't The IRS checks the info on your tax return against the information it already has on you. So why don't they just fill out your return?
taxes Why You Have a Slim Chance of Getting Audited This Tax Season Only 1 out of every 225 tax returns are inspected by an IRS agent, so your odds of getting audited are low, NBCLX Political Editor Noah Pransky says. He explains how the agency has been underfunded over the past several years and why audits are more likely for low-income taxpayers.
taxes In Many Countries, the Government Files Your Taxes. Why Not in the US? In Denmark, the UK, Spain and elsewhere, the government fills out your tax return for you, and you only have to sign off on the information in it. But in the U.S. we often rely on private companies to help us file our taxes; according to IRS data, the average American spends 13 hours and $240 to file their taxes....
taxes Will the IRS Audit You in 2022? 3 Major Factors to Know New IRS data shows poor Americans have been audited at higher rates than wealthy Americans in recent years.
TikTok We Brought in TikTok's Favorite Tax Pro to Answer Your Questions Duke Moore loves talking taxes on Tiktok (@dukelovestaxes). We brought him in to answer your questions about the approaching tax season — like whether you need to claim your cryptocurrency gains or write off those losses.
IRS Why You (Probably) Won't Get Audited by the IRS This Year Millionaires and billionaires likely won’t either…but President Biden wants to change that
IRS The Tax Man Cometh: Did You Get Your Taxes Filed? CPA and TurboTax expert Lisa Greene-Lewis answers questions for those stragglers who waited until the very last second to file their federal income taxes.
