About 1 million people in the United States are due to receive the payment, the IRS said. Do you qualify? Checks could be up ...
As part of ongoing efforts to help taxpayers, the Internal Revenue Service (IRS) announced plans to issue automatic payments ...
The marginal rates for tax year 2025 are as follows: In 2026, for the tax year 2025, the standard deduction will get a $400 ...
An IRS John Doe Summons is highly effective to combat tax evasion. Trident Trust may now have to reveal U.S. taxpayers who ...
Elon Musk joked about IRS crypto taxation, raising questions about digital asset tax policies and gaining attention from the ...
The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and ...
The new requirement, which is being implemented after a two-year delay, applies to such P2P apps as PayPal, Venmo, and Block ...
The US Department of Treasury (DOT) and the Internal Revenue Service (IRS) released on Friday final federal guidance on eligibility for income tax credits in the production of hydrogen established by ...
A million Americans will have a pleasant surprise to start the year, a $1,400 payment from the federal government. Here’s ...
In order to file a tax return correctly, taxpayers must have all the necessary documents. One of those is the W-2, which employers must provide on time.
The Head of Household (HOH) filing status provides valuable tax advantages, including a higher standard deduction and more favorable tax rates. However, to qualify for this status, taxpayers must meet ...
On December 17, 2024, the House Ways and Means Committee and the Senate Finance Committee presented two bills – the Paperwork Burden Reduction Act ...