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IRS ‘Get Ready’ Campaign Helps Taxpayers Prepare for Filing Season
Trump Nominates Hedge Fund Exec Bessent to Lead Treasury Department
The Top Toys and Gifts for the 2025 Christmas and Holiday Season
Professionals on the Move – Nov. 2024
Ex-NFL Linebacker Bill Romanowski Owes $15 Million in Unpaid Taxes, Court Filing Says
The IRS seeks to finally collect on a ballooning tax bill for the 16-year NFL star and his wife that dates back 25 years.
House Ways and Means to Review Tax Documents of ‘High-Profile Individual’
The panel scheduled the June 22 meeting on Tuesday hours after Hunter Biden agreed to plead guilty to tax evasion charges.
‘What a Difference a Year Makes!’: IRS Has Made a Huge Dent in Tax Return Backlog
In her midyear report to Congress, National Taxpayer Advocate Erin Collins shared several IRS improvements this filing season.
Democrats’ Latest Child Tax Credit Plan Pushes Bonus for Babies
House Democrats’ latest proposal to expand the child tax credit includes a new feature: a $2,000 payment for newborn babies.
MyLawCLE and Tax Rep Network Partnership Provides Insider Knowledge on Working with the IRS
In addition to training sessions for IRS representation, the partnership will enable attorneys and law firms to explore adding new revenue streams to their practices with tax resolution services.
TIGTA: IRS Gave Out More Than $10 Billion in Excess Child Tax Credits in 2021
The IRS miscalculated 2021 child tax credit payments for thousands of eligible taxpayers as of May 5, 2022, TIGTA said.
Ins and Outs of the Home Sale Exclusion
Here are several key points about the home sale exclusion that you should know about before you hand over the keys.
Key In on Improved Home Energy Credits
The IRS is reminding taxpayers that they may qualify for expanded home energy credits in 2023 (IR-2023-97, 5/4/23) There are two types of credits.