IRS July 16, 2026
IRS Mileage Rate Increases to Record 76 Cents Per Mile
The mileage rate has increased to a record high of 76 cents/mile due to the wars in Iran and Ukraine.
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.
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.
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.
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.
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.
Taxes November 9, 2023
IRS Advisory Council Issues Report with Recommendations on Agency Changes
The 2023 Public Report includes recommendations on 23 issues covering a broad range of topics including: Sec. 302, EINs, 1099-K reporting, Employee Plans, Modernizing Forms.
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.”
Taxes November 2, 2023
House Passes Israel Aid Bill Tied to IRS Cuts
House Republicans passed a $14.3 billion Israel aid package Thursday, triggering a clash with Democrats over tax law enforcement.
IRS November 1, 2023
Biden Would Veto House GOP’s Israel Aid Bill That Cuts IRS Funds, White House Warns
The legislation, championed by new House Speaker Mike Johnson, has already run into stiff bipartisan opposition from the Senate.
IRS October 31, 2023
House Republicans’ $14.3B Israel Aid Bill Would Impact the IRS
Stand-alone measure seeks to offset Israel support by clawing back $14.3 billion in IRS funding from the Inflation Reduction Act.
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.
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.