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Trump wants IRS to stop taxing workers’ tips, as Americans say tipping is ‘out of control’
Market Watch· 3 hours agoCould the tax rules for tip income really vanish at a time when so much of the tax code’s current...
IRS warns taxpayers about paying massive penalties
Newsweek· 2 hours agoThe Internal Revenue Service (IRS) has issued a stark reminder to taxpayers who missed their April deadline that they could face severe penalties if they...
Fact Check: Is The IRS Really Giving An $8700 Stimulus Check?
AfroTech via Yahoo Finance· 3 hours agoAt the top of their X profile, the official @IRSnews account has pinned a tweet advising Americans...
IRS update impacts tax returns for people in two states
Newsweek· 6 hours agoThe Internal Revenue Service (IRS) has offered an extension for taxpayers in West Virginia and...
No, stimulus checks are not coming from the IRS or California in 2024. Don't fall for false rumors
Fast Company Magazine· 6 days agoWho wouldn’t want another stimulus check? The government checks were a big help to many families...
Most IRS buildings operating at less than 50% occupancy
The Washington Times· 4 hours agoA majority of the IRS’s office buildings are running at less than 50% capacity, the tax agency’s...
Treasury Department and IRS Guidance Encourages Fuel Producers Eligible for Clean Fuel Production...
The National Law Review· 2 hours agoOn May 31, 2024, the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) issued Notice 2024-49 for the Clean Fuel Production Credit. The ...
Trump Floats Tax-Free Tips for Workers. That Could Mean More Tipping for Customers.
The Wall Street Journal· 3 hours agoThe idea isn’t fleshed out and would likely reduce federal revenue by billions of dollars annually....
Cut Back the Glut of Unused Office Space, Watchdog Tells IRS
Bloomberg Law· 3 hours agoThe IRS has made efforts to cut back on its unused office space but still must create a long-term plan for space reduction past 2026, the Treasury Inspector General for Tax Administration said in a report Monday.
Case: IRS May Assert Unsecured Claim Based on Alter Ego Theory in Chapter 7 Bankruptcy Case (Bankr....
Bloomberg Law· 5 hours agoThe IRS was permitted to pursue an unsecured claim in a Chapter 7 bankruptcy case against an alleged alter ego of Debtor, held a bankruptcy district court, denying Debtor’ ...