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Income Tax

Deductions

Taxes March 23, 2026 

12 Little-Known Tax Deductions Many Business Owners Miss

From start-up costs to even health insurance premiums, identifying overlooked expenses early can make a meaningful difference to a company’s tax returns.

Featured Articles

March 23, 2026  

New Bill Proposes to Exempt National Guard, Reserve Drill Pay From Federal Income Taxes

March 23, 2026  

IRS Owes 1.3 Million Americans About $686 Each: Deadline to Claim is Near

March 23, 2026  

IRS Could Owe Many Americans COVID Tax Refunds: Here’s Why and How to Apply

March 20, 2026  

Where’s Your Tax Refund? IRS Income Tax Refund Schedule for 2026

March 19, 2026  

Mississippi Bill That Would Have Made NIL Tax-Exempt Dies in Committee, Report Says
Billionaire Tax Rests on a Disputed $14,729 Tax Refund at the U.S. Supreme Court

Taxes December 6, 2023 

Billionaire Tax Rests on a Disputed $14,729 Tax Refund at the U.S. Supreme Court

Democratic dreams of imposing a wealth tax on the richest Americans risk being snuffed out by a dispute over a $14,729 bill.

House Ways and Means Backs Release of Hunter Biden Tax Probe Information

Taxes December 6, 2023 

House Ways and Means Backs Release of Hunter Biden Tax Probe Information

After IRS agents testify, the House tax-writing panel voted to make public documents and transcripts provided by the agents.

Ex-Kentucky CPA Accused of Failing to Report More Than $300,000 on Federal Taxes

Taxes November 22, 2023 

Ex-Kentucky CPA Accused of Failing to Report More Than $300,000 on Federal Taxes

A federal grand jury indicted Charles M. Stivers last week on two charges of making false statements on tax returns in 2018 and 2020.

2024 IRS Tax Refund Calendar – Estimate When You Will Get Your Tax Refund

Taxes November 22, 2023 

2024 IRS Tax Refund Calendar – Estimate When You Will Get Your Tax Refund

The IRS says most e-filed tax refunds are direct deposited into taxpayer bank accounts in as little as 10 days, so why pay to get your refund?

Isaac M. O'Bannon

When Will 2024 Tax Refunds Come? 2024 Tax Season Questions.

Taxes November 20, 2023 

When Will 2024 Tax Refunds Come? 2024 Tax Season Questions.

This easy chart can tell you when you are likely to receive your 2024 income tax refund, if you are due one. E-filing of tax returns will likely start in January.

Isaac M. O'Bannon

irs221

Taxes November 17, 2023 

Tax Interest Rates to Stay the Same in Q1 2024, IRS Says

Beginning on Jan. 1, the rate for overpayments and underpayments for individuals will be 8% per year, compounded daily.

Jason Bramwell

IRS Pressed to Crack Down on Wealthy Tax Cheats in Puerto Rico

Taxes November 17, 2023 

IRS Pressed to Crack Down on Wealthy Tax Cheats in Puerto Rico

Lawmakers are asking the IRS to accelerate an investigation into rich Americans seeking lucrative tax breaks in Puerto Rico.

TIGTA: IRS’s Decision to Destroy 30 Million Paper Returns Was ‘Reasonable’

Taxes November 14, 2023 

TIGTA: IRS’s Decision to Destroy 30 Million Paper Returns Was ‘Reasonable’

The agency's actions, which were reported by TIGTA in May 2022, drew scrutiny from lawmakers and tax professionals.

Jason Bramwell

2024 IRS Tax Brackets, Standard Deductions

Taxes November 9, 2023 

2024 IRS Tax Brackets, Standard Deductions

While the actual percentages will remain the same, the income levels of each bracket change annually to adjust to inflation.

Yellen Sets Goals for 2024 Filing Season, Calls Out House GOP for ‘Playing Politics with IRS Funding’

Taxes November 7, 2023 

Yellen Sets Goals for 2024 Filing Season, Calls Out House GOP for ‘Playing Politics with IRS Funding’

Treasury secretary says cutting IRS funding to pay for Republicans’ $14.3 billion Israel aid bill would be “damaging and irresponsible.”

Jason Bramwell

IRS OKs E-Signatures to Be Used on a Slew of Forms Indefinitely

IRS October 30, 2023 

IRS OKs E-Signatures to Be Used on a Slew of Forms Indefinitely

The agency said Monday it will continue to allow alternatives to handwritten signatures to be accepted for certain tax documents.

Jason Bramwell

IRS Boosts Hiring for Taxpayer Assistance Centers

IRS October 30, 2023 

IRS Boosts Hiring for Taxpayer Assistance Centers

The agency has increased staffing at its TACs by 31% during FY 2023 thanks to funding from the Inflation Reduction Act.

Jason Bramwell

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