Approximately one million taxpayers are set to receive automatic payments of up to $1,400 from the IRS. While this financial ...
The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...
If the IRS experiences staff shortages, the ability to process returns as quickly as in previous years could be in jeopardy.
If you’re still missing your $1,400 stimulus check, don’t assume it’s too late. File your 2021 tax return, claim the Recovery Rebate Credit, and secure the payment this 2025.
IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration until May 15th, according to a letter sent Wednesday to all IRS employees.
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...
A printing malfunction caused about 6,000 1099-G forms to end up at the wrong addresses, a notice posted by the Maryland ...
Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...
That said, if you owe the IRS but can't pay, the situation isn't hopeless. There are a few pathways for taxpayers to resolve their outstanding tax debt, and knowing what these options are — as well as ...
Withholding tax refers to the amount of income taxes your employer takes from your paycheck to pay your taxes throughout the ...
The TAS Act aims to modernizing the IRS, has bipartisan support and open for public comment until March 31, 2025.
You could face prison for deceiving or ignoring the IRS, but it isn't common. Here's how to avoid this misstep.