IRS Reverses Course On Listed Transaction Penalties In New Guidance
The IRS quietly released an Action on Decision on January 2, 2025, which provides significant concessions to taxpayers ...
Who qualifies for the IRS Fresh Start program?
The IRS' Fresh Start program could help you catch up on delinquent tax debt — but you'll have to qualify first.
Who qualifies for $1,400 IRS stimulus checks? Here's how to see if you get one
About 1 million people in the United States are due to receive the payment, the IRS said. Do you qualify? Checks could be up ...
Reading The Clues In IRS Guidance Plans: 2023-2025
The 2024-2025 PGP cites proposed regs (REG-124850-08), published May 8, 2024, that provide guidance on information reporting ...
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IRS increases standard business mileage rate for 2025
That means the standard mileage rate for business use is now 70 cents per mile, up from 67 cents in 2024. However, the IRS said that its other standard mileage rates in 2025 will remain unchanged from ...
Congress stripped IRS of another $20 billion in government shutdown fight
Republican lawmakers have now clawed back half the investment the Biden administration made in the tax agency.