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Whats new for the 2025 Tax Season? Key IRS updates
From increased tax credits to new 1099-K rules, here’s what you need to know to file your 2024 taxes correctly and avoid ...
Tax return filings drop by nearly 1 million and extension requests rise as deadline nears
As the April 15 tax filing deadline fast approaches, fewer Americans have filed their federal taxes, and more have requested ...
Here's how to file for a free tax extension in minutes if you can't make the April 15 deadline
You can file for a free tax extension in minutes if you can’t make the April 15 deadline. Here’s what taxpayers need to know.
'Where's My Refund?' IRS Issues Tax Rebate Advice
There were concerns that the IRS employee layoffs earlier this year would impact the rate at which refunds could be processed ...
Oklahoma DOGE office says it found $157 million in federal health grants to return
Gov. Kevin Stitt's recently created Division of Government Efficiency announced it found $157 million in "wasteful" grants that aren't needed.
DOGE-OK releases first report, plans to return $157M in federal health grants
Oklahoma Governor Kevin Stitt says the Oklahoma Division of Government Efficiency (DOGE-OK) has identified $157 million in “wasteful” health grants they intend to return to the federal ...
The White House just banned paper checks: Here's what that means for your tax refund
In an executive order, President Donald Trump outlawed paper checks in favor of going all in on electronic payments.
The federal government is phasing out paper checks. Here's who will be affected
By the fall, all federal departments and agencies will phase out the use of paper checks and switch to electronic payments, ...
'Where is my DOGE stimulus check!?' Here's when dividends could be sent, who would qualify
President Trump said he's considering a plan to pay out $5,000 stimulus checks to taxpayers in the form of a 'DOGE dividend.' ...
Digital Dollars and Taxes: What Practitioners Should Know About Peer-to-Peer Payment Reporting
Estate planners and tax advisers must understand the tax and reporting rules for clients using P2P payment applications for ...
Student Loan Wage Garnishment Looms For 10 Million Borrowers
Student loan borrowers are facing a harsh new reality: the pandemic-era reprieve is over, and student loan wage garnishment ...
IRS fixes EV tax credit glitch for 2024 as dealerships tackle portal problems
The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last ...