Taxes November 5, 2026
IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027
The IRS has released the tax year 2027 annual inflation adjustments for nearly 70 tax provisions.
Taxes February 26, 2025
IRS Says Contractor Leaked 400,000 Tax Returns, Nearly 6 Times More Than Previously Reported
The tax data was stolen and leaked to the media by Charles Littlejohn, a former government contractor who was convicted and sentenced last year to five years in prison.
Taxes February 26, 2025
AICPA Offers Strong Support for Disaster Tax Relief Bills in House
The Filing Relief for Natural Disasters Act would expedite the issuance of federal tax relief and provide the IRS with authority to grant tax relief once the governor of a state declares a disaster or state of emergency.
Taxes February 26, 2025
Tax Cut Chances Rise as House Republicans Pass Budget Targeting Safety Net
Chances for early action on Donald Trump's tax cut plans improved as House Republicans passed a budget blueprint Tuesday calling for deep cuts in safety-net programs such as Medicaid.
Taxes February 25, 2025
How Paychecks Could Change in Each State if Trump Nixes Federal Income Tax
Curious what your paycheck would look like if President Trump actually does get rid of the federal income tax? Recently, GOBankingRates compiled data to determine what checks and income would look like, state by state.
Taxes February 25, 2025
Tax Court Rejects Self-Employment Claim by Freelance Movie Critic
Generally, self-employed individuals are required to pay annual self-employment tax, the equivalent of FICA tax for employees, on most business earnings.
Taxes February 25, 2025
Nevada Woman Pleads Guilty to $98 Million Covid-19 Employment Tax Fraud
In total, these claims sought refunds of over $98 million, of which the IRS paid approximately $33 million. McCoy personally received over $1.3 million in fraudulent refunds and was...
Taxes February 24, 2025
1099-K Tax Rules: What You Need to Know if You Get Paid Via Venmo, Cash App, or PayPal
If you get paid through Venmo, PayPal, Cash App or another payment app, you may receive an IRS Form 1099-K this year. Here's what you need to know.
Taxes February 24, 2025
Average Tax Refund is Down 32%, IRS Data Shows
A quick glance at the latest 2025 tax refund numbers may be cause for concern for those who haven’t filed yet, but the IRS says there’s a good reason why certain numbers are down.
Taxes February 21, 2025
The IRS Can Reduce Your Tax Refund if You Owe Certain Debts
A program authorized through the Department of Treasury’s Bureau of the Fiscal Service allows for the reduction of your refund to pay down specific debts.
Taxes February 21, 2025
2025 IRS Tax Refund Schedule: IRS Layoffs Could Cause Delays in Refunds
This article includes an easy reference chart that taxpayers can use to estimate how soon they may get their income tax refund.
Taxes February 20, 2025
Tips for Filing Income Tax Returns in 2025
To avoid mistakes and potential processing delays, taxpayers should refrain from filing until they have received all necessary tax documents. Taxpayers should always carefully review documents for inaccuracies or missing information.
Taxes February 20, 2025
Congress Considers Tax Relief for Los Angeles Fire Victims
No one can say with certainty but lawmakers are hopeful that the partisan bickering that's dominated Washington debate will subside on the disaster tax relief issue.