Direct File can help you cut out the tax season middlemen, and this year, the IRS is bringing out new features.
A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...
The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.
Taxpayers who proactively disclose their previously unreported income often receive more lenient treatment from the IRS ...
The Internal Revenue Service introduced a new form to protect ineligible taxpayers from claiming the Fuel Tax Credit.
The U.S. Treasury Department and the IRS have released proposed regulations to update the rules for certain tax professionals ...
Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to ...
The Federal Government has commenced the implementation of the 2024 Withholding Tax Regulations, signalling effort to modernise Nigeria’s tax system. Approved by President Bola Tinubu in July ...
“In view of this mandatory implementation, taxpayers are required to submit Form CP 107D online using the e-107D method provided,” it said. According to the IRB, Section 107D tax deduction payments ...
A check from the Internal Revenue Service is set to make the end of the holiday season a little greener for one million taxpayers. About $2.4 billion worth of stimulus checks will be distributed ...
The Internal Revenue Service (IRS) announced plans to issue automatic payments to eligible taxpayers who didn't claim the Recovery Rebate Credit on their 2021 tax returns. IRS officials announced ...
Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government shutdown, a cut that may undo many of President Joe Biden’s efforts to ...