INCOME TAX NEWS
- Adams Went to Albany to Ask for Funding. He Ended Up in the Hot Seat. February 4, 2025Some lawmakers, including two who are facing the mayor in the June Democratic primary in New York City, challenged his credibility and accomplishments.
- IRS Free Tax Filing System Will Include 13 More States February 3, 2025The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will happen to the program next year.
- Trump Takes Victory Lap in Las Vegas With Speech on Ending Taxes on Tips January 28, 2025The president reiterated a pledge to end taxes on tips, but the message was an afterthought as the president celebrated his blitz of orders in his first week in office.
- How the Debt Could Hamstring Trump’s Agenda January 22, 2025Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.
- La agencia arancelaria propuesta por Trump plantea dudas y confusión January 22, 2025Muchos aspectos de la nueva entidad siguen sin estar claros y, según los expertos en comercio, el grueso de los ingresos arancelarios vendría de las empresas estadounidenses que importan productos.
- Trump Pitches External Revenue Service to Collect Tariffs: What to Know January 21, 2025President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”
- What Did Trump’s Tax Cuts Do? January 17, 2025Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
- Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers January 15, 2025Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.
- What Retirement Accounts Should I Withdraw From First? December 30, 2024It’s finally time to start using the money you managed to save and invest over the years. But be careful: Taxes are just one of the tricky parts.
- Tax Preparer Known as ‘the Magician’ Bilked I.R.S. Out of $145 Million December 18, 2024A businessman in the Bronx falsified information on thousands of returns, committing one of the largest tax frauds in Department of Justice history, prosecutors said.
IRS News
- Making Estimated Payments February 12, 2025If you receive a substantial amount of non-wage income like self-employment income, investment income, taxable Social Security benefits, or pension […] The post Making Estimated Payments appeared first on Taxpayer Advocate Service.
- TAS advocates for lien release February 11, 2025A business’s authorized representative contacted TAS for assistance with a notice of federal tax lien (NFTL). The business filed some […] The post TAS advocates for lien release appeared first on Taxpayer Advocate Service.
- Is This the Year You Finally Get a Form 1099-K? February 11, 2025This filing season, many taxpayers will — for the first time ever — receive a Form 1099-K, Payment Card and […] The post Is This the Year You Finally Get a Form 1099-K? appeared first on Taxpayer Advocate Service.
- Employer-Provided Childcare Credit February 11, 2025If you are an employer who provides childcare services to your employees, you might be eligible for the Employer-Provided Childcare […] The post Employer-Provided Childcare Credit appeared first on Taxpayer Advocate Service.
- Choosing the right tax return preparer for you February 6, 2025Need help filing your federal tax return, but aren’t sure where to start to find a tax preparer? Start with […] The post Choosing the right tax return preparer for you appeared first on Taxpayer Advocate Service.
- Avoid Tax Return Errors & Refund Delays February 6, 2025TAS has launched a nationwide Pre-Filing Season Awareness outreach campaign to help millions of taxpayers who self-prepare federal tax returns […] The post Avoid Tax Return Errors & Refund Delays appeared first on Taxpayer Advocate Service.