Scammers are 'relentless,' according to a new IRS alert listing the 'Dirty Dozen' tax scams. Bad social media advice triggers trouble with refunds.
On February 21, 2025, the Internal Revenue Service (“IRS”) released Notice 2025-15, providing guidance to employers and insurers regarding ...
Here's everything to know about tax season and how the Trump administration's likely next moves will affect it.
Editor: Greg A. Fairbanks, J.D., LL.M. The IRS released a draft form in summer 2024, with subsequent revisions and draft instructions, that partners will use, starting with tax years beginning in 2024 ...
The IRS instructions for Form 1040 typically include a table to help you calculate the standard deduction available to you based on when you (and your spouse, if applicable) were born and whether ...
They can even issue orders to basically say, "Hey, IRS, you need to help out a taxpayer." Generally, you fill out a straightforward form to describe what your issue is and what you want them to do ...
Orban extends tax cuts ahead of 2026 election To cap housing loan interest rates at 5% Ready to reimpose food price caps, limit profits Ukraine will not join EU against Hungary's interests ...
Extension requests can be done through the IRS at no charge – both electronically and with a paper form 4868 – and require taxpayers to simply provide basic information like their names ...
IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say
WASHINGTON (AP) — The layoffs of roughly 7,000 IRS probationary workers beginning this week likely mean the end of the agency’s plan to go after high-wealth tax dodgers and could spell ...
One of President Trump’s objectives over the next four years is to have US revenues from tariffs become so massive that the Internal Revenue Service is no longer needed, his commerce secretary ...
Over 6,000 Internal Revenue Service employees are expected to be terminated by the end of this week, according to a source familiar with the agency's plans. More than half of these employees ...
Feb. 20 (UPI) --At least 6,000 federal employees of the Internal Revenue Service were expected to receive termination notices by the end of Friday, just ahead of the peak March-April tax filing ...
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