IRS Delays The Start Of Tax Filing Season Until February 12th

The IRS recently confirmed that the start of the 2021 tax filing season has now been delayed until early February. @FOX5Atlanta reports, many Americans are not going to like the recent news from the Internal Revenue Service. The IRS has decided to officially delay the start of tax filing season until February 12, 2021—which also pushes back the date when the tax agency will begin accepting and processing 2020 tax year returns. The IRS stated that the start date for individual tax return filers will allow them time to do additional programming and testing following…

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PRINCE IRS CLAIMS ESTATE GROSSLY UNDERVALUED … Demands Millions More In Taxes

Prince‘s death has been riddled in estate challenges for years, and now the IRS is getting into the act, claiming the folks managing the estate have grossly undervalued it. Uncle Sam claims the estate is worth double what the money managers claim. The estate set the value at just over $80 million, but the IRS says it’s worth more than $160 mil. Obviously, the taxman wants his cut, and that’s why the U.S. Tax Court is now in the picture. The IRS claims the estate shorted the taxes due by…

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