IRS sending out $2.4 billion worth of stimulus checks: Are you eligible to receive one?
The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return are in line ...
When will IRS accept, start processing 2024 tax returns? Official date announced
What you need to know about the new IRS Direct File program, how to track a refund and more during the 2025 tax season.
Accounting Today2h
IRS to start tax season on Jan. 27
The Internal Revenue Service said tax season will begin on Monday, Jan. 27, 2025, with newly expanded and improved tools available.
Warren questions Trump IRS nominee’s experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service ...
Tax season is here: All the details on IRS Free File
The IRS' Free File Fillable forms, which are electronic versions of common IRS paper forms, will be accessible to all ...
Why IRS Will Owe Some Americans Extra Money on Top of Tax Refund
In her 2024 Annual Report to Congress, Collins highlights the second most serious problem as delays in tax return processing, ...
Millions of Americans are waiting for tax refunds: Here’s what to do if the IRS delays your payment
A new tax season is about to begin, but the IRS still owes millions of taxpayers their refunds, according to a new report.
Accounting Today22h
IRS, Treasury finalize rules for clean energy investments in low-income communities
The Treasury Department and the Internal Revenue Service have released final rules and procedural guidance for the Section ...
Lawrence Journal-World18h
New free tool lets Kansas taxpayers file directly with the IRS; here’s what you need to know
A new tool will allow many taxpayers in Kansas to electronically file their taxes directly with the Internal Revenue Service ...
Your IRS refund could take years if you were a victim of ID theft. The national taxpayer advocate wants that fixed
Tax-related identity theft is common, but the Internal Revenue Service is often too slow to move when refunds become ...
Financial Advisor2h
IRS Raises 401(k) Contributions, With Catch-Up Provisions As High As $11,250
The IRS also gave older workers the greenlight to increase retirement savings using catch-up contributions. Employees over 50 can make catch-up contributions of up to $7,500, while those age 60 to 63 ...
IRS must ramp up resources for identity-theft victims, says watchdog
The Internal Revenue Service must increase resources for victim assistance cases involving identity theft, which are taking an average of almost two years to resolve, an independent watchdog reported ...