Direct File won’t be available anymore to do your taxes next year. Here’s what that means once the tax filing season opens in ...
Christal Watson leads a foundation serving KCK public schools. She will face Rose Mulvany Henry in the Nov. 4 mayoral election.
The 2025 income limit for the tax credit for lower-income workers who save for retirement will increase slightly to $39,500 for individuals. The IRS published a draft of the 2025 version of Form 8880, ...
The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next ...
Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax compliance and naturalization, tax filing deadlines, tax trivia and more. Quick ...
A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...
The IRS again delayed the effective date of the $600 threshold for Form 1099-K reporting for third-party settlement organizations (TPSOs) and will treat 2024 and 2025 as transition years, the Service ...
The Internal Revenue Service (IRS) recently published its projections of the “tax gap” – the difference between taxes owed to and collected by the federal government annually – for tax year 2022, as ...
The Internal Revenue Service said Thursday that the tax gap — the difference between taxes owed and paid — was $696 billion as of 2022, the latest year analyzed. The agency projects that the total tax ...
The IRS has issued the instructions for Forms 1099-R and 5498 for reporting about the 2024 plan year. Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, ...
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Beginning ...
The Internal Revenue Service and the Treasury Department reported further progress Thursday on offering more online tools and expanded taxpayer service, including six new features for the Individual ...