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Improper Payments by the IRS is Costing Taxpayers Billions
The IRS has made over $13 billion in improper payments in 2011. These improper payments came from the only program the IRS is currently reporting, the Earned Income Tax Credit. The Earned Income Tax
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2012 Tax Benefits Increase Due to Inflation Adjustments
The IRS announced in October, 2011 that, due to inflation, personal exemptions and standard deductions will rise and tax brackets will widen for tax year 2012. Dollar amounts affecting 2012 returns include a new
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