IRS

The Internal Revenue Service (IRS) isn't messing around when it comes to informing retirees of the April 1 deadline for receiving benefits from a variety of employment retirement programs. Contributions from retirement plans, such as…

Taxes are a necessary and essential component of life for the people of the United States, which they are well aware of. From federal income tax to state income tax and property tax, Americans are accustomed to spending a large amount of…

Whether you utilize the standard deduction or itemize, tax credits reduce the amount of taxes you owe in a direct manner. Expected tax law changes in 2023 would likely result in reduced tax refunds this year. Recent IRS statistics…

The IRS has a warning for taxpayers who are counting on a tax refund this tax season: You should file a thorough and accurate return to prevent delays. Although this filing season has gone more smoothly than in years past, it is still…

Almost 50 million Individuals received stimulus checks or state tax refunds in 2022, and the IRS has determined which of these amounts is due to federal income tax. Those who got special tax rebates or incentives from their state…

Employers can improve employee morale, the work environment, and brand perception by fostering a volunteer-friendly culture. Volunteer work is always valuable, but is it eligible for a federal tax deduction? IRS Doesn’t Include Tax…

To assist taxpayers with tax debts but no federal tax liens, the IRS Fresh Start program was established. The IRS Fresh Start program was introduced by the Internal Revenue Service (IRS) in 2011. To assist taxpayers with tax debts but no…

The Internal Revenue Service has extended the tax deadline for taxpayers in disaster areas across the majority of California, as well as portions of Alabama and Georgia. As Southern California prepares for its first blizzard since 1989,…