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
More Rich Americans Will Soon Be Hit With an IRS Audit, Werfel Pledges
But the IRS chief emphasized once again that audit rates won't increase for small businesses and taxpayers making under $400,000.
IRS: Applications For TCE and VITA Grants Can Be Submitted Through End of May
The funding helps organizations provide free tax assistance to elderly and low-income taxpayers for up to three years.
How Biden’s Marijuana Shift Could Impact Taxes
A pending Biden administration marijuana rule change could help some cannabis businesses lower their tax.
‘Bitcoin Jesus’ Charged With Evading Nearly $50 Million in Taxes
Roger Ver was charged with mail fraud, tax evasion, and filing false returns in order to avoid paying at least $48 million in U.S. taxes.
Florida Tax Preparer Charged 5 Years Ago With Stealing Has Done It Again, Cops Say
Dennis Maxey was arrested in 2019 for grand theft and scheme to defraud, both first-degree felonies. He was arrested again on April 18.
Worst States For Investors With Long-Term Capital Gains
These nine states, plus the District of Columbia, have high long-term capital gains tax rates that could eat a chunk of your earnings.
IRS Offers Resources and Advice During National Small Business Week
The Internal Revenue Service is offering tax-related information to entrepreneurs in anticipation of the upcoming kick-off of National Small Business Week.
IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season
About 140,800 taxpayers in 12 states filed their federal tax returns through the new service, but its future is up in the air.