Instead, the IRS chose to phase in the change, setting the $5,000 threshold for the 2024 tax year, $2,500 for 2025 and $600 ...
The IRS is sending out stimulus checks to eligible taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax ...
U.S. recipients from former U.S. citizens or long-term residents ("covered expatriates"). IRS finalized the regulations.
The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of ...
Trump in a speech following his inauguration said his administration will freeze hiring of IRS agents via executive order. “I ...
“To minimize headaches and get this money to eligible taxpayers, we’re making these payments automatic, meaning these people ...
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep.
Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.
The 2024 tax filing season is fast approaching. The Internal Revenue Service (IRS) will start taking returns on Jan. 27. So ...