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IRS aims to go paperless by 2025 as part of its campaign to conquer mountains of paperwork

Published Wed, 26 Feb 2025 02:02:58 GMT

Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season as the agency aims to go completely paperless by 2025. The effort to reduce the exorbitant load of paperwork that has plagued the agency — dubbed the “paperless processing initiative” — was announced Wednesday by Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel.The effort is being financed through an $80 billion infusion of cash for the IRS over 10 years under the Inflation Reduction Act passed into law last August, although some of that money already is being cut back. “Thanks to the IRA, we are in the process of transforming the IRS into a digital-first agency,” Yellen said in remarks prepared for delivery during a visit to an IRS paper processing facility in McLean, Virginia.“By the next filing season,” she said, “taxpayers will be able to digitally submit all correspondence, non-tax forms, and notice responses to the IRS.”“Of cour...

Wilt Chamberlain’s 1972 finals jersey expected to draw more than $4 million at Sotheby’s auction

Published Wed, 26 Feb 2025 02:02:58 GMT

Collectibles broker Sotheby’s expects Wilt Chamberlain’s 1972 NBA Finals jersey to sell for more than $4 million in an upcoming auction.Sotheby’s calls the jersey Chamberlain wore in the championship-clinching Game 5 victory over the New York Knicks the most valuable piece of his memorabilia ever to appear on the market. The current record sale for a Chamberlain sports memorabilia item is $1.79 million in June 2023. It was for a jersey worn his rookie season with the Philadelphia Warriors.Online bidding will run from August 28 to September 27. The 7-foot-1 Chamberlain anchored the team that won the Lakers’ first NBA title. Playing with a broken hand, he had 24 points and 29 rebounds in Game 5 against New York and was named Finals MVP.Chamberlain died at age 63 in 1999.“This jersey holds an extraordinarily significant place in the history of Los Angeles, not only adorned by the man many consider to be the greatest player ever to step on the court, but as a relic from one of the...

At least one home affected as Powder Keg Pine Fire in Bastrop estimated at 100 acres, 50% contained

Published Wed, 26 Feb 2025 02:02:58 GMT

BASTROP, Texas (KXAN) — Crews responded to a home on fire within the fire zone of a wildfire in Bastrop Wednesday just before noon, according to a KXAN reporter on the ground.Reporter Nabil Remadna noted firefighters were able to get there quickly, and there are still hotspots popping up in the fire area. The fire, which is called the Powder Keg Pine Fire, is estimated at 100 acres and is 50% contained as of 12 p.m. Wednesday, according to the Texas A&M Forest Service. Initial reports had the fire's location listed in the area of Highway 71 and Harmon Road. First responders Tuesday afternoon said they were working to evacuate homes as a "precautionary measure" because of a wildfire burning near Bastrop State Park. Evacuees were later allowed to return home and no evacuations are in place as of noon Wednesday.The Bastrop County Office of Emergency said in an update time-stamped 2 a.m. Wednesday that forward progression had stopped. At 8:45 a.m., the...

APD releases video, audio related to deadly south Austin police shooting

Published Wed, 26 Feb 2025 02:02:58 GMT

Editor's Note: The video above shows KXAN Live's top headlines for Aug. 2, 2023AUSTIN (KXAN) — On Wednesday, the Austin Police Department released relevant audio and video from a deadly south Austin shooting, as well as identified the officers involved.James Woodrome, 60, was shot by an APD officer near an apartment in the early morning hours of July 20. He later died, APD said. APD identifies man shot, killed by officer in south Austin Officers responded to a call regarding a woman stating a man was chasing her. Officers located the man, who approached while holding a knife and shouting at the officers to shoot and kill him, according to APD.APD said officers tried to de-escalate the situation by issuing commands and later discharging stun guns that were unsuccessful in stopping the man from moving toward officers.APD said the officer who discharged his department-approved firearm was Officer Adam Reinhart, and the officers who deployed their department-approved tasers are Office...

Suspicious package investigation underway in Liberty Hill

Published Wed, 26 Feb 2025 02:02:58 GMT

Editor's Note: The video above shows KXAN Live's top headlines for Aug. 2, 2023LIBERTY HILL, Texas (KXAN) — The Austin Police Department bomb squad and other authorities are investigating a suspicious package Wednesday morning in Liberty Hill, the Williamson County Sheriff's Office said.WCSO said investigators responded to 1000 San Gabriel River Ranch Rd., which is the address for the San Gabriel River Ranch Lake Dam.People in the immediate area have been evacuated. WCSO is asking others to avoid the area.This developing story will be updated as information becomes available.

$4M Mega Millions winning ticket sold in Burnet

Published Wed, 26 Feb 2025 02:02:58 GMT

BURNET, Texas (KXAN) — A lucky person who bought a lottery ticket in Burnet County is now a millionaire.The winning ticket, worth $4 million, was sold at the Hoover Valley Country Store at 7203 Park Road 4 West, just south of Inks Lake.According to the Texas Lottery Commission, the ticket matched all five white balls but not the Mega Ball number. The person also bought the Megaplier feature, which quadrupled their prize money. Your odds of winning the Mega Millions are 1 in 302 million; Here’s what’s more likely to happen In total, more than 400,000 Texans won at least $2 in Tuesday's drawing.No one won the jackpot though, meaning it now stands at $1.25 billion for Friday's drawing, the fourth-largest in Mega Millions history.The largest Mega Millions jackpot of all time was won by a single player in South Carolina on Oct. 23, 2018. That ticket was worth $1.537 billion.

St. Paul firefighters, with contract unsettled for 200+ days, hold informational picket

Published Wed, 26 Feb 2025 02:02:58 GMT

St. Paul firefighters and other Twin Cities union members marched on Snelling Avenue on Wednesday with signs saying “Firefighters, paramedics need your help,” along with signs reading “Understaffed. Overworked,” and “Without contract. Still responding.”Off-duty firefighters held an informational picket to bring attention to their labor contract being unsettled for more than 200 days. They say a review of professional firefighter wages in the state shows St. Paul firefighters rank 14th with a starting pay of $65,585.“We’re the capital city, we’re the busiest department, but we’re not compensated like it,” said Mike Smith, International Association of Fire Fighters Local 21 president. “This isn’t about us, this is about public safety, providing staffing for the citizens in the city of St. Paul.”A recent open application period for St. Paul firefighters drew a low number of applicants, Smith said, and h...

Cohoes fitness center closing at the end of August

Published Wed, 26 Feb 2025 02:02:58 GMT

COHOES, N.Y. (NEWS10) -- Gateway Sports Complex, located at 22 Remsen Street in Cohoes, is closing its doors. The announcement was made on the Gateway Sports Facebook page on July 31. Get the latest news, weather, sports and entertainment delivered right to your inbox! "As much as we would love to continue to service Cohoes and its surrounding areas, Gateway must close its doors until further notice," said the post.Gateway will be closing at the end of the day on August 31. The post encourages those interested to monitor its social media for updates and programs they might still offer. The Local FFF in Rotterdam adding new attractions The complex has a weight and cardio room, a basketball court, and a pool. For the last few weeks, the hours of the center have changed to 7 a.m. to 7 p.m. Monday through Friday with the pool open all day, Saturdays 9 a.m. to 1:30 p.m., and closed on Sundays.The reason for the closure was not made public. Gateway Sports did not immediately respond ...

Heavy rain and severe weather expected Wednesday evening

Published Wed, 26 Feb 2025 02:02:58 GMT

ST. LOUIS -- More rain and severe weather is expected Wednesday evening. There is a risk of flash flooding in the St. Louis area.Heavy rain and flash flooding has been focused west of metropolitan St. Louis Wednesday morning. A band of three to six inches of rain has been reported in Gasconade and Franklin Counties. St. Louis radar: See a map of current weather here There will be a lull or complete break in the rain pattern for several hours this afternoon. New storms are expected to fire up Wednesday evening. Some of these storms may be severe with all hazards possible. The trend will be for the threat to transition to heavy rain overnight.A stripe of three to five inches of additional rain is expected near or just west of the Mississippi River with over five inches of rainfall totals possible. This will renew the flash flooding concerns overnight, with an expansion of flash flooding in to parts of metro St. Louis. This will continue at least through Thursday morning. Close ...

'Life Goes On, Man' : Cardinals look ahead to future after deadline deals

Published Wed, 26 Feb 2025 02:02:58 GMT

ST. LOUIS - The trade deadline has come and gone. Key players have departed from the St. Louis Cardinals. But at the end of the day, there's still baseball to be played. Tuesday's starter Miles Mikolas, now the longest-tenured pitcher on the Cardinals after Adam Wainwright, summed up the vibes in the Cardinals clubhouse pretty clearly. Not just through his postgame comments, but also a fashion statement. "Life Goes On, Man." It's a quote from The Dude from "The Big Lebowski" printed on T-shirt Mikolas wore during his postgame interviews. It's now a reality the Cardinals are embracing with many longtime friends gone and postseason hopes pretty much dashed. "Whether it's foolish or not, I think the mindset is to be super optimistic," said Mikolas, who tossed seven innings in a 3-2 Cardinals' loss just hours after the deadline. "We got an incredibly talented ball club here. We have guys coming up that have tons of talent. We start putting things together getting on a roll here, things ...