The 2026 tax season will witness "the biggest refunds that we've ever seen," according to the chief of the IRS and Social ...
Tax bracket adjustments for the 2025 tax year — including federal income tax brackets — increased by an average of around 2.8 ...
Tax professionals say many taxpayers are unaware that the IRS has broad authority to seize funds once required notices are ...
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SSA and IRS open Dec 24 & 26 despite federal holiday
While most federal employees enjoy a 4-day weekend, the SSA and IRS are asking for volunteers to work. Discover the reason behind this unusual holiday decision.
SSA is looking for volunteers to keep operating on Dec. 24 and Dec. 26. A former SSA executive says it’s unusual for the agency to remain open on these days.
Clarifying that business interest expense subject to Sec. 163 (j) includes any interest incurred and capitalized during the tax year, except for interest capitalized under Secs. 263 (g) and 263A (f); ...
Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.
Every December, workers blame the IRS for shrinking bonuses. But bonuses aren’t taxed differently than your regular ...
Reassigned employees have been told they will no longer work in IRS IT, and must upload their resumes to be considered for other jobs at the IRS and Treasury.
Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...
Tax bracket adjustments for the 2025 tax year — including federal income tax brackets — increased by an average of around 2.8 ...
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