Taxes May 15, 2026
Tax Day may have passed weeks ago, but Washington residents living in areas affected by storms, flooding and landslides late last year are getting yet another extension.
Taxes August 26, 2024
These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA).
Taxes August 23, 2024
If approved and signed in to law, New Jersey would extend a benefit to taxpayers that few states have and the IRS doesn’t allow.
Taxes August 22, 2024
Business tax account was launched last October as part of the agency's service improvement initiative under the Inflation Reduction Act.
Taxes August 22, 2024
The researchers say that charitable giving fell in 2018 because of the law's change to the standard deduction for income taxes.
Taxes August 22, 2024
Starting on Oct. 1, the rate for tax overpayments and underpayments for individuals will be 8% per year, compounded daily.
Taxes August 21, 2024
The Coalition Against Scam and Scheme Threats is comprised of the IRS, state tax agencies, tax software firms, associations, and others.
Taxes August 20, 2024
The Democratic presidential nominee's plan is in line with the corporate tax rate the Biden administration proposed in March.
Taxes August 20, 2024
Both presidential candidates are pledging to exempt workers from paying taxes on their tips, but experts say it's bad policy.
Taxes August 19, 2024
The SECURE 2.0 ACT permits employers to provide matching contributions for employees based on their payments on student loans.
Taxes August 19, 2024
Until 2016, the U.S. taxed Olympic medal winners on the value of the medals won. A law enacted in 2016 excluded the value of Olympic medals from tax for those with incomes of $1 million or less, starting in 2016.
Taxes August 19, 2024
The agency recommends that taxpayers submit the pre-filing registration at least 120 days before the planned filing date.
Taxes August 19, 2024
Taxpayers who operate large trucks and buses have until Sept. 3 to file Form 2290 for vehicles used in July 2024, the IRS said.