IRS

The Internal Revenue Service's Criminal Investigation unit investigated approximately 1,000 tax and money laundering cases related to COVID-19 relief, with the suspected fraud exceeding $3.2 billion. American workers, families, and small…

As a result of January's terrible weather in California, the IRS extends the tax deadline to grant Californians additional time to file their taxes. When are your taxes due? If you are a California resident, you may be eligible for an…

Employees offer 401(k) retirement savings plans. It lets employees deposit a percentage of their pre-tax salary to retirement savings, which can grow tax-free until withdrawn. In general, you are expected to wait until retirement before…

As part of this year's Dirty Dozen, the IRS is once again issuing warnings regarding phishing and smishing scams. The Dirty Dozen is a yearly compilation of the most popular tax frauds. During tax season, when many people are preparing…

Before you file your next tax return, review some of the most complicated areas of the tax code. The fact that you are exempt from paying Social Security tax on income beyond the "taxable maximum"—which is $147,000 for 2022 and increases…

You are not alone if you are still working on submitting your tax return in 2023. Many people wait until the final day of April 15 — or April 18 in 2023 — to complete their tax returns. This is expected to be especially true in 2023,…

Most Americans aren't surprised when they discover that the average tax refund is significantly smaller than it was a year ago after weeks of warnings. The average refund for early filers whose forms were completed by the Federal Revenue…

Service Industry Tip Compliance Agreement (SITCA), a new planned tip reporting procedure, was made public by the IRS last month. Service workers' tax obligations may increase as a result of the voluntary tip reporting program between the…