President Joe Biden signed the American Rescue Plan Act into law in 2021, which gave many key forms of coronavirus relief. If you didn’t get everything, you might be able to get the rest soon. The IRS provided some new information ...

The tax filing season is not only a hectic time for individuals, but it’s also a busy period for the IRS (IRS). On top of the responsibilities for the 2022 tax season, the agency carried a backlog of 6 million ...

National Restaurant Association (NRA) and all 52 of its state-level members have urged the Internal Revenue Service (IRS) to alter its tax collection method for restaurants that have yet to receive the early refunds promised to employers as a kind ...

The Lifetime Learning Benefit is an IRS tax credit available to people who qualify. A year’s worth of college tuition and fees can be credited to individuals who paid for their education. In order to be eligible for a degree, ...

There are many who begin college and take charge of their own destiny. Making an income tax return to the Internal Revenue Service becomes a necessity. When it’s time to file your taxes, there are a few things to keep in ...

Elon Musk, the CEO of Tesla, and Senator Elizabeth Warren have yet again argued over taxation. Musk said he’d go to the IRS office “just to say hello” and possibly get a cookie.” Last year, I paid the most taxes ever ...

Never miss a story again: Follow your favorite subjects and writers to receive a tailored email with the content you care about. President Joe Biden signed the $1.9 trillion American Rescue Plan Act into law shortly after taking office in ...

The Internal Revenue Service has announced a new method for verifying the identification of individual taxpayers: a live virtual interview with tax agents. An earlier attempt to force account holders to provide an ID selfie to a private corporation was ...

The Internal Revenue Service announced Monday that it has launched a new option that will allow taxpayers to sign up for online accounts without the use of the controversial biometric data. ID.me will still be required for online registration, but ...

More PayPal and Venmo transactions will be taxable in 2022 due to new IRS rules, and your kid could end up owing taxes as a result of a simple error. Only until a user’s commercial transactions totaled more than $20,000 ...