News

A $30,000 mistake. When paying the IRS, a California taxpayer wrote the correct amount of $3,360 on the numerical value box ...
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...
Are we getting a stimulus check in July 2025? Here's status update on Trump stimulus checks, how to track IRS refund check by social security number ...
The end of the federal EV tax credit could impact your finances and the future of electric vehicle adoption. Here's why ...
The world’s largest business lobby group has joined the fight against a US court judgment that would force an Irish-headquartered multinational to hand over employee-performance records in breach of ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.
Tax experts, IRS employees and former Treasury Department officials are all warning that the US government could lose hundreds of billions of dollars in revenue because of the Trump administration ...
The IRS launched Direct File in a pilot for the 2024 tax filing season. It was available to taxpayers in 12 states last year and was available in 25 states this year.