The deadline for federal workers to accept OPM's buyout offer was on Feb. 6, but terms of resignation are different for IRS workers during tax season.
The Child Tax Credit (CTC) has been a lifeline for many American families, especially during the COVID-19 pandemic.
There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...
Critics called the policy, offered to thousands of federal employees, "legally dubious" and "intentionally misleading".
Form 1095-A (Health Insurance Marketplace statement). IRS letters referencing tax deductions or credits received. 2. Report All Income Taxpayers must report all income types to avoid IRS notices or ...
Tax season is now in full swing and the government agency has several helpful reminders for people looking to file.
Speed cameras don’t stop reckless driving — they punish honest drivers for crossing arbitrary limits. Most people caught on camera aren’t speeding intentionally. They’re coasting, foot off ...
Form 1095-A, Health Insurance Marketplace statement. IRS letters they may have citing an amount received for a certain tax deduction or credit. Report all types of income on the tax return to ...
If a tax payer does not pay their tax bill in full, the IRS will send a "demand for payment" letter. If not paid, a lien will come next that is dated from the date of assessment. This lien becomes ...
The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...
The recent article “Not spreading the wealth: Communities that spend big on the lottery don’t get the biggest return” (Page A1, Jan. 18) raises concerns about the distribution of lottery ...
Audits are among the IRS's most well-known activities and they represent a key way in which the agency is able to claw back money that's owed by certain taxpayers. Despite the common notion that ...