Income Tax

This time of year, millions of Americans eagerly await the delivery of their tax refund while also feeling uneasy about possible delays or unforeseen problems with their tax return.  As people anxiously anticipate the financial boost…

China ongoing efforts to recover from the economic calamity brought on by the coronavirus outbreak appear to have stalled on a number of fronts as debts increase and consumers become more frugal with their spending. A crucial moment is…

The debt-limit agreement exposes a potential risk to the $80 billion allocated to the IRS by Democrats last summer: its misuse as a congressional piggybank. Nearly ten months after transferring funds to the agency, lawmakers are…

The IRS has reminded American citizens who are employed and residing abroad to submit their federal income tax returns by June 15th. All US citizens and foreign residents, including those with dual citizenship, are subject to this…

In over a week, Massachusetts will begin collecting applications for a guaranteed income program that will provide monthly distributions of $500 to eligible participants. The application period for the Rise Up Cambridge program will run…

The IRS is seeking to take on the responsibility of managing the tax filing procedure for millions of American individuals. The Inflation Reduction Act (IRA) mandated the IRS to assess the feasibility of an online tax-filing platform…

IRS awarded Accenture Federal Services and Maximus IT modernization contracts for Enterprise Development and Operations Development. In accordance with the terms of the contract, the two companies will engage in competitive activities…

New Mexico taxpayers have until May 31st to file their 2021 Personal Income Tax Returns and receive rebates of up to $1,000, as per Governor Michelle Lujan Grisham's office. The deadline for filing income tax returns to qualify for the…