In a recent announcement, the IRS revealed plans to distribute automatic payments of up to $1,400 to approximately one ...
The duo have cited areas they’d like to target, such as the Internal Revenue Service, the Department of Education, the ...
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...
With the new administration poised to pull the plug on federal tax credits, industry experts say now is the best time to lock ...
How much you pay in taxes is determined by which tax brackets you fall into. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain ...
Beginning this tax year, gig working platforms have to report information about more workers to the IRS as the agency cracks ...
While tax season may have passed for the 2023 tax year and 2024 is coming up soon, if you're keeping an eye on your taxes for ...