IRS to Increase Audit Rates by 2026 The Internal Revenue Service (IRS) is gearing up to significantly enhance its scrutiny of the wealthiest
IRS Provides Guidance for National Small Business Week As National Small Business Week approaches, the Internal Revenue Service (IRS) is preparing to offer
Do Back Taxes Ever Go Away? Introduction Are you one of those thinking if back taxes ever be erased? Facing back taxes can
IRS Warns About Fake Charities Exploiting Taxpayer Generosity 2024 The IRS has issued a recent advisory alerting the public to the emergence of
Unclaimed 2020 Tax Refunds, Is One Yours? The IRS has disclosed that almost 940,000 Americans are yet to claim their tax refunds from
In the ever-evolving landscape of taxation, staying informed about the changes in tax brackets becomes crucial for effective financial planning. As we step
Imagine it’s the tax deadline, and you’re scrambling to find receipts and finalize reports. Stressful, right? You’re not alone. Last year, over 30%
What is the Direct File Pilot Program? In an effort to simplify the tax filing process for Americans, the Internal Revenue Service (IRS)
IRS Mileage Rates for 2024 The IRS has updated the standard mileage rates for 2024, reflecting changes in the cost of operating a
What is the New $600 Tax Rule? The IRS introduced a new tax reporting rule that impacts how transactions via third-party payment platforms
Child Tax Credit 2024 Amidst growing anticipation, a new bill proposing an expansion of the Child Tax Credit (CTC) for 2024 has captured
IRS Collects $4.9 Trillion in Tax Revenue The Internal Revenue Service (IRS) made headlines recently, as it surpassed all previous records by amassing
