The Internal Revenue Service announced today the annual inflation adjustments for tax year 2025. Revenue Procedure 2024-40 provides detailed information on adjustments and changes to more than 60 tax provisions that will […]
IRS tops $1 billion in past-due taxes collected from millionaires; compliance efforts continue involving high-wealth groups, corporations, partnerships
As part of continuing compliance efforts under the Inflation Reduction Act, the Internal Revenue Service today announced the agency has surpassed the $1 billion mark in collections from high-wealth taxpayers with past-due […]
Missed the April tax-filing deadline? File quickly to avoid penalties and interest; those owed a refund also shouldn’t forget to file
The Internal Revenue Service encouraged taxpayers who missed the April tax-filing deadline to file a tax return as soon as possible. The IRS offers different resources to help those who may be […]
IRS Free File now available
IRS Free File is now available; free service through IRS.gov available for millions of taxpayers IRS YouTube Videos: Here’s What to Know About IRS Free File Guided Tax Software Here’s How to […]
