Income Tax

Taxes July 26, 2024 

Direct File will now be a permanent option for taxpayers in states that choose to participate, and New Jersey said it's in.

Taxes July 25, 2024 

The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.

Jason Bramwell

IRS July 25, 2024 

Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.

Jason Bramwell

Taxes July 24, 2024 

Notice 2024-60, issued by the IRS on July 24, details how taxpayers can claim the credit for the sequestration of carbon oxide.

Jason Bramwell

Taxes July 24, 2024 

Individual and business taxpayers in 67 counties now have until Feb. 3, 2025, to file their returns and make tax payments.

Jason Bramwell

Taxes July 23, 2024 

Donald Trump’s 2017 Tax Cuts and Jobs Act was the biggest corporate tax cut in U.S. history. But how has it affected the economy?

Taxes July 22, 2024 

The decision in Connelly v. United States last month impacts certain types of smaller businesses, in particular closely held companies.

Taxes July 22, 2024 

Weisselberg, who was sentenced to five months in jail earlier this year after pleading guilty to perjury, was freed for good behavior.

Taxes July 17, 2024 

As of July 14, taxpayers must sign in or register with either Login.gov or ID.me to access the FATCA registration system.

Jason Bramwell

Taxes July 15, 2024 

The agency has seen an influx of claims for the non-existent "self-employment tax credit," which is being promoted on social media.

Jason Bramwell

Taxes July 12, 2024 

A recent ransomware attack that impacted car dealerships prompted the IRS to alert vehicle dealers and sellers about these schemes.

Jason Bramwell

Taxes July 12, 2024 

Small businesses are about to face a tax hike that will hurt workers and weaken communities if Congress does not take action.