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PublishedJanuary 28, 2025
Hiring freeze, executive orders create uncertainty for federal workers in Maine
In Bar Harbor, businesses are 'cautiously concerned' as they wait to learn whether the tourism season at Acadia National Park will be disrupted, the chamber of commerce says.
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PublishedOctober 22, 2024
Taxpayers will get higher standard deductions in 2025, IRS announces
It's rising to $15,000, up $400 from this year.
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PublishedSeptember 6, 2024
Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgers
The IRS credits spending that has ramped up collection enforcement through President Biden's signature climate, health care and tax package signed into law in 2022.
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PublishedJuly 11, 2024
IRS collects milestone $1 billion in back taxes from high-wealth taxpayers
The IRS says the campaign is focused on taxpayers with more than $1 million in income and more than $250,000 in recognized tax debt.
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PublishedJune 26, 2024
IRS delays in resolving identity theft cases are ‘unconscionable,’ independent watchdog says
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases
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PublishedMay 10, 2024
Your tax refund could be bigger this year. Here’s what to do with it.
Experts generally advise putting it toward debt and savings, but, for many people, that's unrealistic.
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PublishedMarch 25, 2024
The IRS has 940,000 unclaimed tax refunds from 2020. Is one of them yours?
People in the U.S. have until May 17 to submit tax returns for unclaimed refunds for tax year 2020, which total more than $1 billion nationwide.
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PublishedJanuary 10, 2024
For IRS, backlogs and identity theft problems remain, but there is ‘cautious optimism’ watchdog says
The report serves as a reality check of sorts as IRS leaders say the funding boost is producing big improvements in services to taxpayers.
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PublishedDecember 15, 2023
IRS reverses itself, now says $450 state payments for energy relief will be exempt from taxes
The federal agency had said this week that the payments would be taxed, drawing criticism from state officials.
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PublishedNovember 7, 2023
Treasury’s Yellen calls Republican effort to cut IRS funding ‘damaging and irresponsible’
House Republicans argue it would save taxpayer money, but independent budget analysts say it would actually cost taxpayers billions from uncollected tax revenues.
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