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July 15, 2025

IRS

Article

Ready to hire your first employee? Prep with these 6 steps

August 13, 2021 Rosalie Murphy, NerdWallet

Despite the pandemic, the IRS received more than 7 million requests for new employer identification numbers between January 2020 and June 2021, according to data from the U.S. Census Bureau. As those businesses grow, many […]

Article

Senator: Bipartisan infrastructure bill loses IRS provision

July 26, 2021 The Associated Press

 WASHINGTON, D.C. — A proposal to strengthen IRS enforcement to crack down on tax scofflaws and help fund a nearly $1 trillion bipartisan infrastructure spending bill is officially off the table, Republican Sen. Rob Portman […]

Article

Senator: Bipartisan infrastructure bill loses IRS provision

July 19, 2021 Associated Press

WASHINGTON, D.C. — A proposal to strengthen IRS enforcement to crack down on tax scofflaws and help fund a nearly $1 trillion bipartisan infrastructure spending bill is officially off the table, Republican Sen. Rob Portman […]

Article

Hit by a ransomware attack? Your payment may be deductible

June 24, 2021 The Associated Press

WASHINGTON, D.C. — As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do […]

Article

IRS to the rescue? Tax audits eyed for infrastructure cash

May 19, 2021 Kevin Freking, Associated Press

WASHINGTON, D.C. — Republicans say they won’t raise taxes on corporations. Democrats say they won’t raise taxes on people making less than $400,000 a year. So who is going to pay for the big public-works […]

Article

Common tools can save you time, money on taxes

March 13, 2021 Liz Weston, NerdWallet

Receipts, like memories, tend to fade with time. That’s just one reason to digitize and track tax-related information. The right apps and habits can save space, time, money and hassle — but only if you […]

Article

Taxing time: How the pandemic will affect filing your taxes

February 12, 2021 Sarah Skidmore Sell, Associated Press

The pandemic has made everything a bit trickier — tax filing season is no exception. The whole process is starting a bit later this year and there are a few wrinkles to be aware of […]

Article

Some taxpayers find relief payments sent to wrong account

January 5, 2021 Sarah Skidmore Sell, Associated Press

A number of taxpayers who use tax preparation services, such as H&R Block and TurboTax, say their second relief payments were sent to the incorrect bank account, forcing them to wait longer for their money. […]

Article

Income tax filing deadline moved to July 15 from April 15

March 20, 2020 North State Journal Staff

WASHINGTON, D.C. — Treasury Secretary Steven Mnuchin says the Trump administration has decided to push the income tax filing date to July 15 from April 15. Mnuchin announced the decision in a tweet Friday saying […]

Posts pagination

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