INCOME TAX NEWS
- The Small Tweaks That Republicans Slipped Into the Domestic Policy Bill May 23, 2025In their fiscal package, Republicans have slipped in a hodgepodge of tweaks that are, at times, only tangentially related to the rest of the bill.
- Trump Wants to Fulfill His ‘No Tax on Tips’ Promise. The Details Get Tricky. May 19, 2025The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.
- Republican Tax Bill May Hurt the Lowest Earners and Help the Richest May 16, 2025Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
- Trump’s New Tax Cuts Could Shower Americans With Cash, for Now May 14, 2025Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave office.
- ‘MAGA Accounts’ and No Tax on Tips: Republicans Plan to Inject Trump Into Tax Code May 13, 2025House Republicans on Monday outlined their plans for a far-reaching tax bill that would deliver on several of President Trump’s campaign pledges — for now.
- Republicans Lay Out Early Plans to Extend and Expand Trump Tax Cuts May 10, 2025House Republicans rolled out the first pieces of a roughly $4 trillion tax cut they hope to pass, including measures that would last just for President Trump’s term.
- Trump’s Tariffs Have Set Up a Trap for Mike Johnson and John Thune May 7, 2025Republican leaders face a problem: They have staked it all on passing the tax bill, but that bill makes it more difficult to criticize President Trump’s tariffs.
- Republicans Wrestle With Trump’s Demands for Tax Cuts May 2, 2025House Republicans are planning to include several of President Trump’s campaign promises in the first draft of the bill, which they hope to release soon.
- Some Online Scam Victims Can Now Seek Tax Relief on Firmer Ground April 17, 2025The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might be eligible for a tax break.
- ‘Los aranceles son recortes fiscales’: el contradictorio plan económico de Trump y los republicanos April 6, 2025Los aranceles del presidente Trump están desbaratando el plan republicano para la economía, centrado durante mucho tiempo en la reducción de impuestos y el crecimiento.
IRS News
- Appeals Improves Alternative Dispute Resolution Programs, But Barriers Remain May 22, 2025The IRS’s Alternative Dispute Resolution (ADR) options allow taxpayers and the IRS to resolve disputes more quickly than through the […] The post Appeals Improves Alternative Dispute Resolution Programs, But Barriers Remain appeared first on Taxpayer Advocate Service.
- Your tax “to-do” list: important tax dates May 22, 2025The Taxpayer Advocate Service shares information on important tax deadlines for individuals and businesses. Looking for your tax “to-do list” […] The post Your tax “to-do” list: important tax dates appeared first on Taxpayer Advocate Service.
- Why do I owe a penalty and interest and what can I do about it? May 20, 2025Do you owe a penalty? Here’s why and what you may be able to do about it. There are many […] The post Why do I owe a penalty and interest and what can I do about it? appeared first on Taxpayer Advocate Service.
- Section 903 of the TAS Act Will Simplify Estimated Tax Payments for Individuals May 13, 2025Section 903 of the TAS Act Will Simplify Estimated Tax Payments for Individuals On January 30, 2025, a discussion draft […] The post Section 903 of the TAS Act Will Simplify Estimated Tax Payments for Individuals appeared first on Taxpayer Advocate Service.
- Preparing for a Disaster May 13, 2025Disasters can happen at any time, so it’s important to be prepared. Good recordkeeping can help you get back on […] The post Preparing for a Disaster appeared first on Taxpayer Advocate Service.
- The ERC Claim Period Has Closed — The IRS Must Now Prioritize Resolution, Communication, and Taxpayer Protections May 8, 2025The ERC Claim Period Has Closed — The IRS Must Now Prioritize Resolution, Communication, and Taxpayer Protections As of […] The post The ERC Claim Period Has Closed — The IRS Must Now Prioritize Resolution, Communication, and Taxpayer Protections appeared first on Taxpayer Advocate Service.