The IRS has announced the start date for the 2025 tax filing season, introducing significant changes aimed at streamlining ...
The IRS brings good news for taxpayers: those eligible for the Earned Income Tax Credit (EITC) can enjoy significant tax ...
As tax season kicks off in the United States, understanding the IRS's new deadlines is crucial. Missing these deadlines could mean losing out on potential refunds, unless specific exceptions apply.
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 6, 2025 – January ...
If you missed the stimulus checks in 2021, you might be getting one this year. The IRS is sending them to 1 million people.
The consequences could be dire, as Treasury Deputy Secretary Wally Adeyemo warned reporters at the end of November that, “the ...
Fact checked by Vikki Velasquez Getting an audit letter from the Internal Revenue Service (IRS) can be stressful, but it doesn't automatically mean you're in legal trouble. "Don't panic," says tax ...
Taxpayers who did not claim the Recovery Rebate Credit on their 2021 returns will receive up to $1,400 in January 2025. The IRS will distribute $2.4 billion to eligible individuals. Those who missed ...
In a press release published last week, the agency announced that it would be rolling out pilot programs that will test the ...
The IRS has unveiled the new tax brackets for the 2025 fiscal year, introducing significant changes that will impact the ...
Owing money to the IRS is stressful, especially if you're unable to pay. Here's what happens in those situations.
The IRS doesn't have the authority to independently verify that recipients of Low Income Taxpayer Clinic grants are eligible to receive them.