IRS

Taxpayers should be familiar with the complexities of mileage deductions and car tax deduction. The Federal Revenue Service (IRS) officially began this year's tax filing season on January 23, 2023. People in the United States will have…

The Internal Revenue Service (IRS) has issued a statement regarding the much-anticipated tax refund. A survey conducted by the IRS in 2021 found that 35% of all taxpayers communicated with the agency at least once in a given year, and…

The IRS announced that it will not tax most state assistance checks more than two weeks after tax season began on Jan. 23. Tax attorney Adam Brewer offered this piece of advice to Nexstar: The advice would be to not do anything extreme…

Before the 2023 tax season begins, it is absolutely essential to have a solid understanding of the tax calculation process used by the IRS. Despite the fact that millions of Americans have yet to submit their federal income tax return…

Waiting for a tax refund may be exhausting, especially when attempting to contact someone at the Federal Revenue Service, which, according to a report by the National Taxpayer Advocate, only answers around 13% of the more than 170 million…

The IRS has issued roughly 8 million refunds totaling approximately $15.7 billion as of February 3, the agency announced. The average refund was $1,963, a decrease from $2,201 at the same point in the previous year's filing season. …

The Internal Revenue Service has determined that you probably do not need to pay federal taxes if you received state-issued relief checks this year. The IRS requested last week that recipients delay filing their tax returns until the…

The IRS has been attempting to ascertain this week if the cash given to citizens of 21 states counts, including inflation relief checks, is subject to federal income tax. According to the IRS's Friday night announcement, the answer is…