Income Tax
Latest News
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
Several Taxpayer Assistance Centers to Have Saturday Hours, IRS Says
The special Saturday openings will take place from 9 a.m. to 4 p.m. on Feb. 24, March 16, April 13, and May 18.
IRS Help Calls Expected to Surge After President’s Day
The IRS is encouraging taxpayers who need help to use its online tools before they call the agency for help.
Filed Tax Returns Are Down 19% So Far This Filing Season—But There’s a Reason Why, IRS Says
The IRS released a slew of early tax season 2024 stats last week, calling it “a strong start to filing season, with all systems running well.”
IRS Seeks More Than $1 Billion From SVB for Taxes
The IRS claims Silicon Valley Bank owes both corporate income and employment taxes spanning a four-year period ending in 2023.
Jeff Bezos Will Avoid Capital Gains Tax Thanks to His Move to Florida
The billionaire avoided Washington state's 7% capital gains tax on a recent sale of $2 billion worth of Amazon stock.
House Bill Proposes to End Social Security Tax for Retirees
A House Democrat has proposed to eliminate tax on Social Security benefits. Here’s what that could mean for retirees and workers.
Why Businesses with High Capex Should Delay Filing Their Tax Returns This Year
With a bipartisan bill making its way through Congress, entrepreneurs might be able to take advantage of additional tax cuts.
Betting on the Super Bowl? Don’t Forget About Taxes
Super Bowl Sunday is approaching, and fans are talking about the Chiefs, 49ers, and the ads, but what about sports betting taxes?