Tag
#IRS
NEWS
Is the IRS really planning to lay off half its workforce
The IRS is preparing to cut nearly 45,000 employees—about half of its workforce—just as tax season is in full swing. These reductions,…
NEWS
IRS Issues Apology to Billionaire Ken Griffin Over Tax Records Leak
The IRS issued a rare apology to billionaire Ken Griffin following the unlawful disclosure of his tax records by a contractor. The…
NEWS
IRS Crackdown on Pandemic-Era Small Business Tax Credits
The IRS announced it will reject billions of dollars in claims for a pandemic-era tax break while focusing on processing lower-risk filings.…
NEWS
Treasury and IRS Target Major Tax Loophole
The U.S. Treasury and IRS announced plans to close a significant tax loophole used by large partnerships, aiming to generate over $50…
NEWS
IRS Unveils Adjusted Tax Brackets for 2024, Easing the Impact of Inflation on Taxpayers
In the face of increasing inflationary pressures on everyday expenses, the Internal Revenue Service (IRS) is taking proactive measures to alleviate the…
NEWS
If You Haven’t Gotten Your Third Stimulus, Don’t Worry. It’s Coming
When the Relief Bill was passed in March, millions of people were – simply put – very relieved. Just the knowing that…
FINANCE
Uh-Oh, The IRS Made A Mistake While Distributing The Stimulus Checks
Want to know something mind boggling? Try to remember way back to the beginning of the pandemic when we all went into…