Tax

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…

If you have an unclaimed tax refund from your 2019 earnings and fail to submit your return by this date, you risk losing this money. Contrary to popular belief, it is possible to neglect to collect a tax refund. Generally speaking,…

If you have not yet filed your 2019 tax return with the Internal Revenue Service, you may be eligible for hundreds of dollars. The IRS reports a staggering $1.5 billion in unclaimed tax refunds from the 2019 tax season, with the average…

Still awaiting a response from the IRS regarding the status of your tax return? Recently, the agency issued revisions regarding filing and processing. Here is the pertinent information. The IRS has processed all paper and electronic…

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…