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IRS audit of Trump could cost him more than $100 million
The tax agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off twice on his failed Chicago tower. By Paul Kiel, ProPublica, and Russ Buettner, The New York Times This story was originally published by ProPublica A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the billionaires’ bag of tricks for minimizing their personal tax bills—sometimes to...
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IRS Changes Rules for Taxpayers in One State
The Internal Revenue Service (IRS) said on Thursday that it will extend the tax filing period period for residents and companies in Ohio who were affected by tornadoes that hit the area in March.Those impacted have until September 3 to complete their taxes and submit them to the agency, the IRS said in a statement.: Compare Tax Software Programs"These taxpayers now have until Sept. 3, 2024, to file various federal individual and business tax returns and make tax payments," the agency...