Income Tax
Latest News
‘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
New Jersey Joins IRS Direct File For 2025 Filing Season
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IRS Has Raked In More Than $1 Billion in Back Taxes From the Rich
The agency has launched several initiatives targeting wealthy individuals and large companies in an effort to close the tax gap.
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IRS Issues FAQs About Clean Fuel Production Credit Registration
These FAQs address which entities must apply for registration for the tax credit pursuant to Notice 2024-49, which the IRS issued in June.
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IRS Issues FAQs About Tax Advice Scams on Social Media
Schemes have centered on the Fuel Tax Credit, Sick and Family Leave Credit, household employment taxes, and overstated withholding.
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TCJA: Newer Crop of Tax Writers Prepares to Take on 2017 Tax Law
Lineup changes on the House Ways and Means and Senate Finance panels pose challenges and possibilities in extending tax cuts.
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RNC Platform OK’d By Panel Highlights Tax Cuts, Border
Donald Trump has made renewing expiring tax cuts and cutting federal regulations a centerpiece of his latest presidential bid.
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IRS: Kentucky Storm Victims Qualify For Tax Relief
Taxpayers in 11 counties now have until Nov. 1, 2024, to file various federal individual and business tax returns and make payments.
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Danny Werfel’s Cat Is the IRS’s New Social Media Darling
“We have just now started to put my cat Emmett out there as the expert on tax scams,” the IRS chief recently said in a TV interview.
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3 Reasons It May Look Like You Love the IRS More Than Your Family
Consider these strategies to avoid overpaying taxes on your hard-earned money. Your family will thank you for it.