Friday 7 April 2023

IRS: Average taxpayers 'should not be worried' about audits as agency grows

The Internal Revenue Service's new commissioner, Danny Werfel, released on Thursday the agency's highly anticipated plan for spending $80 billion in funding over the next decade -- and attempted to reassure average taxpayers they don't need to worry about an increase in audits.

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How States Are Enticing Employers to Help Their Workers Save for College

With college costs high, at least eight states now offer tax credits or deductions for employers that contribute to workers’ 529 accounts. ...