A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars in devastation around Los ...
“The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the Tuesday, April 15 federal deadline,” reads the release. “More than half of all tax returns are ...
Congresswoman Claudia Tenney (NY-24) has reintroduced the Diverting IRS Resources to the Exigent Crisis Today (DIRECT) Act, ...
Easing restrictions, sharpening personal attention and clarifying denials are among the aims of three pilot programs at the Internal Revenue Service that will test changes to existing alternative ...
A Massachusetts roofer has agreed to plead guilty to hiding $1.6 million in income from the Internal Revenue Service, the U.S ...
The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.
The IRS has announced January 27 as the official start of the 2024 tax filing season, introducing new tools to streamline the ...
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep.
Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.
In a significant move to alleviate financial stress, the IRS has announced tax relief measures for individuals and businesses ...
The owner of three restaurants paid “under-the-table” wages of $1,496,417 to multiple employees and pocketed the state and ...
The following summarizes some of the available tax relief procedures for taxpayers affected by the Palisades, Eaton, Hurst, ...