Taxes January 2, 2025
Nine States Cut Individual Income Taxes on Jan. 1
Seven of the states that are lowering their individual income taxes in 2025 have legislatures that are controlled by Republicans, as well as Republican governors.
Taxes March 12, 2024
Fewer People Are Getting Tax Refunds This Year, IRS Stats Show
Compared with a similar point in the tax season the previous year, there have been nearly 6 million fewer refunds, according to the IRS.
Taxes March 12, 2024
Capital Gains Hikes at the Center of Biden’s Second-Term Tax Agenda
The president's budget proposal is the opening round of a looming tax fight set to consume Washington next year.
IRS March 7, 2024
Recommendations Sought For Upcoming IRS Priority Guidance Plan
The projects included in the plan would be priorities for the Treasury and IRS to work on from July 1, 2024, through June 30, 2025.
Taxes March 7, 2024
IRS Tries to Clear Up Confusion on Medical Expenses
Expenditures for general health and wellness aren't considered medical expenses, regardless of some claims to the contrary.
Taxes March 6, 2024
Free File Program Filings Up Nearly 10% This Tax Season, IRS Says
As of Feb. 24, 943,000 taxpayers had filed returns using Free File, up from last year's comparable period of 860,000 returns filed.
Taxes March 5, 2024
IRS: Time is Running Out to Claim COVID Stimulus Credit
The refundable Recovery Rebate Credit is aimed at taxpayers who did not get one or more of their pandemic-era stimulus checks.
Taxes March 5, 2024
Would You Give Up Social Media For One Year to Never Pay Taxes Again?
Americans hate taxes so much that they would entertain some bizarre options for a tax-free life, according to WalletHub.
Taxes March 5, 2024
Ex-Trump Org CFO Pleads Guilty to Perjury in Fraud Case
Allen Weisselberg pleaded guilty to two first-degree perjury counts at a brief Manhattan Criminal Court hearing on March 4.
Taxes March 4, 2024
Biden Will Push Higher Taxes For the Wealthy in State of the Union
Biden's vow to raise taxes on the rich, which he expects to make during his speech on Thursday, faces obstacles in Congress.
Taxes February 29, 2024
IRS Gives Tax Relief to Spokane-Area Taxpayers Affected by Wildfires
These taxpayers now have until June 17, 2024, to file various federal individual and business tax returns and make tax payments.
Taxes February 29, 2024
H&R Block Produces Streaming Comedy Series, ‘Responsibility Island’
The comedic satire is comprised of four short episodes, featuring a dynamic and hilarious cast. All four episodes will air on Friday, Feb. 16, on The Roku Channel, YouTube or H&R Block’s website.
Taxes February 29, 2024
March 1 Tax Deadline Nears for Many Farmers, Fisherman
Only taxpayers that have paid their estimated tax payments by Jan. 16 can file by the regular April 15 deadline and avoid penalties.