On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.
The IRS is latest federal agency under review by Elon Musk’s cost-cutting group.
If you've been on social media lately, you may have seen a claim that you soon won't have to pay taxes because President ...
Several people briefed on the matter said cuts to the IRS cuts numbering in the thousands. One target is tax collections.
The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...
As Presidents Day approaches, and with the tax-filing season in full swing, understanding how to navigate this busy period ...
The Executive Chairman of the Kaduna State Internal Revenue Service (KADIRS), Jerry Adams, has said that the service was able to collect N70 billion taxes in 2024, while targeting N112 billion for ...
If you expect your tax liability to exceed $1,000 for the year, the Internal Revenue Service (IRS) expects you to make quarterly estimated tax payments. You’re also responsible for self ...