In 2024, it took the IRS an average of 676 days to resolve an identity theft case, five times longer than the 129 days it ...
The IRS restarted processing ERC claims following a one-year pause, but it’s been slow to reduce its backlog. At one point, ...
If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...
Even Elon Musk's toughest critics acknowledge that he is likely to find 'awful examples of wasteful spending' in our federal government.
Even though the 2025 tax season has only been open less than two full weeks, the IRS has already been busy processing tax returns and issuing tax refunds. Not mine — I'm still a ways away from sitting ...
In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...
Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...
There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...
Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...
Early filing data suggests a slow start to the filing season, with a nearly 14% downturn in tax returns received compared to ...
The IRS Fresh Start program isn't a magic solution that erases all tax problems, however. While it has helped many taxpayers ...
The deadline for federal workers to accept OPM's buyout offer was on Feb. 6, but terms of resignation are different for IRS ...