JournalofAccountancy56m
IRS expands online accounts, provides enforcement update
The IRS announces expansion of online accounts, including the tax pro account, as part of the quarterly update to its strategic operating plan.
Yahoo News21h
Opinion | House Republicans wants Trump to make the IRS less helpful to taxpayers
In May, the IRS said the program would be expanded and made permanent. But of course, there are Republicans who would like ...
Alton Telegraph on MSN2h
Here are the IRS 2024 tax brackets and standard deduction increases
“For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an ...
federalnewsnetwork.com3d
Looming cuts threaten IRS plans to keep growing workforce and crack down on tax evasion
IRS Commissioner Danny Werfel says another $20 billion cut to the IRS’ budget would limit its ability to keep hiring.
Heads up if you’re a freelancer or small business owner: The IRS may need something new from you
Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who ...
Liz Weston: Thinking of gifting cash this holiday? You can give up to $18,000 without notifying IRS
Let’s start with the basics. You only have to file a gift tax return, which notifies the IRS of your generosity, when you ...
IRS urges some U.S. residents to withdraw funds. Here’s why.
The Internal Revenue Service (IRS) is urging some folks to make one of those things “withdraw funds.” ...
29 House Republicans want Trump to scrap the IRS's free direct tax-filing tool on day one of his presidency
GOP lawmakers are framing the IRS's free direct tax filing system as an example of the "weaponization of government against ...
Musk's charitable foundation falls short of IRS standard for donations: NYT
There is new reporting that Elon Musk's charitable foundation fell $421 million short of the amount required to give away in ...
IRS: There's a key deadline approaching for required minimum distributions
If you’re age 73 or older and retired, the annual deadline for required minimum distributions, or RMDs, is approaching.
CNET on MSN2d
New IRS 1099-K Tax Rule: Here's What Freelancers Who Made Money on PayPal or Cash App Need to Know
If you earned over $5,000 or more in income via third-party apps, you should get a 1099-K to file with your tax return.