The Repository2h
Do you have a stimulus check coming? IRS sending money to 1 million people. What to know
If you missed the stimulus checks in 2021, you might be getting one this year. The IRS is sending them to 1 million people.
Why fans of the IRS’s free tax-prep program hope it becomes the next Obamacare
The longer the Direct File tax-prep program sticks around, the harder it is to end it, which is what critics fear — and supporters want ...
Stay off the IRS radar: Did you know income tax brackets have shifted? Here’s how to avoid an audit
President Donald Trump has issued a “full and unconditional pardon” to Washington, DC, police lieutenant Andrew Zabavsky and ...
When does IRS start accepting tax returns? See first day to file, how to track your refund
The 2025 tax season is here, and companies are required to provide required documents by Jan. 31. Here's how early you can ...
IRS wants to better help people resolve tax disputes: ‘We’re committed’
In a press release published last week, the agency announced that it would be rolling out pilot programs that will test the ...
Accounting Today1h
IRS can't verify LITC grant recipient eligibility
The IRS doesn't have the authority to independently verify that recipients of Low Income Taxpayer Clinic grants are eligible to receive them.
40% Transfer Tax: IRS Final Say On Foreign Gifts, Bequests From ‘Covered Expatriates’
U.S. recipients from former U.S. citizens or long-term residents ("covered expatriates"). IRS finalized the regulations.
IRS announces date tax season will begin. Important tax season deadlines to keep in mind
The IRS announced the date tax season will begin, along with key changes taxypayers will see this year. Here's what you ...
JD Supra1h
A Foreign Trust Creates Complex IRS Reporting Requirements
The IRS has clearly identified legitimate reasons why "U.S. Persons" would establish or maintain ownership in a foreign trust ...
No New IRS Agents? What Trump’s Federal Hiring Freeze Means for Your Tax Return
Could customer service suffer? With fewer staff to handle the agency's many phone calls during tax season (reportedly about ...