In early February 2025, claims emerged that the Department of Government Efficiency (DOGE) led by Elon Musk, had terminated, ...

During more than a decade in Congress, from January 2011 to January 2023, Long co-sponsored bills that would have curbed financial reporting to the IRS, ended the estate tax and replaced income ...

This means, for example, that the Feb. 15, 2024, deadline will now apply to: • Individuals who had a valid extension to file their 2022 return due to run out on Oct. 16, 2023. The IRS noted ...

They'll be sent to the bank account listed on the taxpayer's 2023 return or to the address IRS has on file. What if I haven't filed my 2021 tax return yet? You still might be able to receive the ...

The agency announced guidance on the federal tax status of these state “stimulus” and other special payments made to individuals. The guidance, which applies to payments received in 2023 ...

Some inheritors of retirement accounts subject to a new 10-year payout window won't face penalties if they don't take required minimum distributions for 2023, according to guidance released last ...

Filing and Payment Relief. The tax relief postpones various tax filing and payment deadlines that occurred from Sept. 15, 2023, through Feb. 15, 2024 (postponement period). As a result ...

If you compare the capital gains tax rates from 2023 and 2024 below, you can see the impact of inflation adjustments. The 2024 capital gains tax rates have been adjusted upward, with thresholds ...