According to the most recent IRS data, the average taxpayer gets a $2,852 refund, $75 more than last year. A tax refund is typically the “biggest extra windfall of the year,” said Courtney Alev, consumer […]
WASHINGTON — Taxpayers will be able to submit all sorts of tax documents and other communications to the IRS digitally months earlier than originally planned under a new timetable for paperless taxpayer communications announced Tuesday […]
The Internal Revenue Service is pausing accepting claims for a pandemic-era tax credit until 2024 due to rising concerns that an influx of applications are fraudulent. The tax credit, called the Employee Retention Credit, was […]
WASHINGTON, D.C. — The IRS released details Thursday on how it plans to use an infusion of $80 billion for improved operations, pledging to invest in new technology, hire more customer service representatives and expand […]
The IRS announced last week that most relief checks issued by states last year aren’t subject to federal taxes, providing 11th hour guidance as tax returns start to pour in. A week after telling payment […]
We need strong people in Washington who will stand with Americans and not against them. Which is why we support Bo Hines running for Congress in North Carolinas 13th Congressional District. While Americans are struggling […]
RALEIGH — North Carolina’s state chapter of the NAACP has lost its federal tax-exempt status for failing to file tax returns for three years, according to the federal government. The Internal Revenue Service stripped the […]
One of the most laughable talking points coming from Democrats in the aftermath of President Joe Biden’s signing of the bogusly named “Inflation Reduction Act” is that Republicans are making mountains out of molehills over […]
WASHINGTON, D.C. — Now that President Joe Biden signed Democrats’ expansive climate, tax and health care bill into law, Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining […]
The Biden administration has a lot of nerve proposing to double the budget of the Internal Revenue Service and add 87,000 employees. This plan is set to become law as part of the soon-to-be-enacted Inflation […]
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