IRS

The IRS has extended the comment period for a proposed crypto tax rule that has stirred significant discussion within the cryptocurrency community.  Originally scheduled to end in October, the comment period will now continue until…

New York will see an increase in the Child Tax Credit in 2024, bringing financial relief to parents and guardians, in a positive development for families across the state. The Child Tax Credit, a federal program designed to assist…

Virginia residents have a limited window of opportunity to secure a valuable tax rebate for the 2022 tax year.  With just eight days remaining until the extended deadline of November 1, individuals and joint filers have the chance to…

The IRS and US Treasury have significantly won by recovering a remarkable $160 million in unpaid taxes from affluent individuals. This achievement highlights the importance of addressing tax evasion and ensuring that all taxpayers pay…

Some states have taken it upon themselves to lessen the financial tax burden on their citizens due to persistent economic difficulties and escalating inflation. While the initial wave of stimulus checks gained widespread attention in…

The IRS has unveiled a preview of the new tax brackets for the year 2024, offering taxpayers an early glimpse into how their financial obligations may change in the upcoming tax season. The IRS has made it a tradition to release these…

Some governments are adopting proactive initiatives to give their citizens financial comfort through Tax Rebates in the face of persistent economic difficulties and rising prices. State Stimulus checks became popular in 2022, and in…

The IRS is helping Californian taxpayers affected by severe winter storms with extended tax deadlines in 55 eligible counties, providing crucial relief and flexibility. This extension was prompted by three disaster declarations that…