Tax Breaks: The IRS Is Still Open For Business Edition
Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...
All About VITA, The IRS Program Assists Eligible Taxpayers With Free Tax Prep
The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...
Forbes14d
Tax Breaks: The Disappearing IRS Tax Documents Edition
Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more. When I was a kid, I used to love the ...
The Pantagraph9d
2025 IRS tax season workers can't take buyout until after the taxpayer filing deadline
The National Treasury Employees Union president advised all federal workers not to accept the buyout offer, which she says is ...
CBS News5d
How long does the IRS give you to pay your taxes?
Luckily, while the Internal Revenue Service (IRS) might seem intimidating, it offers several options to help taxpayers manage their tax liabilities without facing extreme financial hardship.
The Hill10d
Will Trump’s federal hiring freeze affect IRS tax returns?
On its website, the IRS wrote that this means those with job offers with a start date after Feb. 8 will be revoked. With the tax filing season ... this to annual continuing resolutions.
JournalofAccountancy26d
AICPA: Executive order shouldn’t affect IRS tax season hiring
Tax filing season opens Monday. The hiring freeze in the executive order merely maintains the freeze that has been in effect since December, when the IRS lost $20 billion in a continuing resolution ...
Austin American-Statesman12d
Income tax brackets are changing for the 2025 tax year. Here's what Texans should know
Although Texas imposes no state or income tax, there are important considerations for Texans from the Internal Revenue Service. The IRS released numbers for tax year 2024 last year, nudging most ...
Taking tax advice from TikTok could delay your refund, IRS warns
Taking tax advice from TikTok can come back to bite you, experts say. The IRS is cracking down on "other withholding" claims.
USA Today11d
Elon Musk says he 'deleted' IRS Direct File. Can taxpayers still use the free service?
Or . . . maybe not. The most noteworthy new program for free tax-prep, IRS Direct File, came under fire this week from Elon Musk, who tweeted Monday that the service had been “deleted.” ...
Forbes25d
40% Transfer Tax: IRS Final Say On Foreign Gifts, Bequests From ‘Covered Expatriates’
Seventeen years after Congress enacted IRC Section 2801, the IRS (finally) released final regulations implementing the law on Jan. 10, 2025. It’s been a long wait. The regulations clarify (to a ...
CNN10d
Did DOGE really ‘delete’ the tech division that helped create the IRS Direct File free tax filing service?
That program enables tax filers in 25 states ... it’s also not evident that its shuttering would prevent the IRS from continuing to operate its Direct File program. But there is reason at ...