The IRS launched its Direct File pilot in 12 U.S. states in March 2024, which has now been expanded to 25 states. It allows taxpayers to submit simple tax returns directly with the government agency ...
It was not that long ago that the IRS was claiming that the ERC program was rife with fraud. IRS Commissioner Danny Werfel ...
Beware Republicans bearing gifts. Republicans want to make the new year a friendlier time for taxpayers by reducing the number of IRS auditors. It seems our biggest concern in life is the fear of ...
Avoid the stress of a long-drawn-out tax season by starting early: The IRS Free File tax software program is open as of January 10. Millions of taxpayers can now prepare and file their taxes ...
Here’s What You Need to Remember: Unlike the first letter, the second one will probably be tailored to your specific situation; it will contain, for instance, a ballpark estimate of how..
Curious about what that IRS transcript code means? Or did you get an error code on WMR? One of the biggest questions we see ...
The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...
After all, between the mounting penalties, the Internal Revenue Service (IRS) notices and the aggressive collection actions, the repercussions that come with late tax debt can take a severe toll ...
As some Republicans urge President-elect Donald Trump to kill the IRS's free direct-tax-filing tool, Democrats are attempting to preserve it. In a letter to the Treasury secretary nominee ...
The IRS assesses billions of dollars in penalties to those who fail to comply with federal tax filing, reporting and payment requirements, and in some cases, the outcomes can also include criminal ...