Each year, the IRS adjusts the standard deduction, tax brackets, and other tax breaks to compensate for inflation. Last week, they released their numbers for tax year 2024, which means
When the IRS announced its Paperless Processing Initiative in August, it set a lofty goal of allowing taxpayers to digitally submit all correspondence, non-tax forms, and responses to notices by
Last week, the IRS launched its annual “Dirty Dozen” list of tax scams with a staunch warning about aggressive marketing around Employee Retention Credits. It’s just one of the twelve
On Tuesday, the IRS announced that it’s making adjustments to more than 60 tax provisions due to inflation. These changes could result in tax savings for many people next year.
The IRS plans to send 1.6 million taxpayers more than $1.2 billion in tax penalty refunds or credits by the end of September.
You can now check the refund status of the past three year's tax returns using the IRS "Where's My Refund?" tool.
Tax-related identity theft is on the rise thanks to the pandemic and holiday shopping. Follows these IRS tips to keep your info safe!