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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

NTA Blog: Low-Income Taxpayers Encounter Communication Barriers That Hinder Correspondence Audit Resolution

Thu, May 19, 2022

May 19. 2022 – Many taxpayers experience difficulties with correspondence audits. Once a return is selected for examination, the IRS […] The post NTA Blog: Low-Income Taxpayers Encounter Communication Barriers That Hinder Correspondence Audit Resolution appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Adjust Your Withholding to Ensure There’s No Surprises on Tax Day

Tue, May 17, 2022

May 17, 2022 – It is a good practice for everyone to do a paycheck check-up every year. Checking your […] The post TAS Tax Tip: Adjust Your Withholding to Ensure There’s No Surprises on Tax Day appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Why do I owe a penalty and interest and what can I do about it?

Tue, May 10, 2022

May 10, 2022 – Do you owe a penalty? Here’s why and what you may be able to do about […] The post TAS Tax Tip: Why do I owe a penalty and interest and what can I do about it? appeared first on Taxpayer Advocate Service. ...

NTA Blog: Despite Operating Legally in Many States, Marijuana-Related Businesses Face Significant Federal Income Tax Law Challenges

Tue, May 10, 2022

May 10, 2022 – As the National Taxpayer Advocate, I am the voice of *all* taxpayers within the IRS. As […] The post NTA Blog: Despite Operating Legally in Many States, Marijuana-Related Businesses Face Significant Federal Income Tax Law Challenges appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: How to handle a notification of tax-related identity theft

Tue, May 03, 2022

May 3, 2022 – Did you get a notification from IRS or the Social Security Administration (SSA) advising you that […] The post TAS Tax Tip: How to handle a notification of tax-related identity theft appeared first on Taxpayer Advocate Service. ...

Taxpayer Advocate Service Partners With IRS to Provide Face-to-Face Saturday Help

Sun, May 01, 2022

Saturday Help The Taxpayer Advocate Service (TAS) is pleased to announce we are partnering with the IRS to offer in-person […] The post Taxpayer Advocate Service Partners With IRS to Provide Face-to-Face Saturday Help appeared first on Taxpayer Advocate Service. ...

NTA Blog: IRS Online Accounts Do Not Have Sufficient Functionality and Integration With Existing Tools to Meet the Needs of Taxpayers and Tax Professionals

Thu, Apr 28, 2022

April 28, 2022 – The IRS has yet to develop and adopt a one-stop solution for online and digital offerings […] The post NTA Blog: IRS Online Accounts Do Not Have Sufficient Functionality and Integration With Existing Tools to Meet the Needs of Taxpayers and Tax Professionals appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Tax terms – find the meaning of them by searching our website

Tue, Apr 26, 2022

April 26, 2022 – The IRS uses many words and terms related to taxes that aren’t always easy to understand. […] The post TAS Tax Tip: Tax terms – find the meaning of them by searching our website appeared first on Taxpayer Advocate Service. ...

National Taxpayer Advocate to Testify with IRS Commissioner at Government Operations Subcommittee Hearing

Wed, Apr 20, 2022

4/20/2022 – On Thursday, April 21 at 10 a.m. Eastern Time, National Taxpayer Advocate Erin M. Collins will testify in […] The post National Taxpayer Advocate to Testify with IRS Commissioner at Government Operations Subcommittee Hearing appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Need help resolving a tax amount owed or finding the right payment option?

Tue, Apr 19, 2022

April 19, 2022 – Got a tax bill for your federal tax return? We have resources to help you resolve […] The post TAS Tax Tip: Need help resolving a tax amount owed or finding the right payment option? appeared first on Taxpayer Advocate Service. ...

Reuters News

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Fox Business news

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CNN News

In a recent appearance, Clarence Thomas's message to the chief justice came down to this: The court was better before you arrived

Fri, May 20, 2022

• Analysis: For Biden and the Democrats, the prospect of repudiation by angry voters is growing ...

Twice a month, she's the only abortion doctor in South Dakota. See what her day is like

Fri, May 20, 2022

Dr. Sarah Traxler's "Sioux Falls day" starts early. On this day, as it has been twice a month for the last seven years, Traxler is the only abortion doctor in South Dakota. ...

Pelosi banned from receiving communion in San Francisco archdiocese over her position on abortion

Fri, May 20, 2022

The conservative archbishop of San Francisco, Salvatore Cordileone, says House Speaker Nancy Pelosi may no longer receive the holy sacrament of Communion in the archdiocese, because she supports abortion rights. ...

Oklahoma lawmakers pass one of nation's strictest abortion bills banning procedure 'from fertilization'

Fri, May 20, 2022

Oklahoma's legislature on Thursday passed a bill that would ban abortions from the stage of "fertilization" and allow private citizens to sue abortion providers who "knowingly" perform or induce an abortion "on a pregnant woman." ...

These women say they performed thousands of abortions in Chicago before it was legal

Fri, May 20, 2022

Heather Booth started an underground abortion network called JANE. In the late 60s through early 70s, the group performed thousands of illegal abortions just before Roe v Wade was decided. On this week's episode of "Reality Check with John Avlon: Extremist Beat," Heather explains why women sought out their services and what happened in a police raid where 7 of the women were arrested. ...

Opinion: Trust in the Supreme Court is grievously wounded

Fri, May 13, 2022

Renowned Supreme Court Justice Oliver Wendell Holmes Jr. compared the peaceful ambiance of the nation's highest court to "the quiet of the storm center." As anyone who has experienced a hurricane knows, howling winds and pelting rain prevail until an eerie calm signals that the eye has arrived. Then the storm recommences when the center moves on. ...

Trevor Reed details surviving appalling conditions in Russian psychiatric treatment facility

Fri, May 20, 2022

• Live updates: Germany signs energy partnership with Qatar • Zelensky: Donbas is 'completely destroyed' • He had just showered when a Russian missile hit his building. That may have saved him ...

Ginni Thomas pressed Arizona state lawmakers to upend Biden's win by choosing Trump electors instead

Fri, May 20, 2022

• Eastman says he and Trump communicated about plans to overturn the 2020 election ...

Watch: Why military analyst is 'smiling' at Putin news

Fri, May 20, 2022

Ret. Lt. Gen. Mark Hertling joins Ana Cabrera to discuss reports that Russian President Vladimir Putin is making tactical military decisions in Russia's months-long war in Ukraine. ...

S&P 500 briefly falls into bear market territory as recession fears mount

Fri, May 20, 2022

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The Wall Street Journal

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