Critics Claim The IRS Free Tax Prep Service Could Hurt Black Americans
The IRS stated in a letter in May 2023 that “Black taxpayers are audited at three to five times the rate of non-Black taxpayers.”...
filing taxes
US IRS to Launch Free Tax E-File Pilot Program in 2024
The Internal Revenue Service said it would launch a free, government-provided direct tax filing option in 2024, which could lead to the full-scale launch of...
IRS Admits Black Taxpayers Are Five Times More Likely to Be Audited Than Any Other Race
A study revealed Black American taxpayers are up to five times more likely to be audited at rates that don't reflect their share of the...
Meet the Female Founder of a Black-Owned Tax Firm That Grossed $1.5M in Three Months
The Tax Doctor, also known as Dr. Shawanda S. Moore, led her tax firm, Royal Financial Services, to gross $1.5M in three months....
IRS Delays 2020 Tax Deadline to June 1st Amid Virus Crises
Treasury Secretary Steven Mnuchin announced that the Internal Revenue Service will defer $300 billion in IRS payments by 90 days, penalty-free....
Money Matters: How To Pay Taxes If You Don’t Have the Money
During the tax season there are many individuals who rely on their tax refund. It can be unexpected, and a definite blow, when it turns...