News / IRS

Source: usatoday.com - Feb 4, 2016

The Internal Revenue Service suffered a "hardware failure" on Wednesday afternoon, which left many of its tax processing systems unavailable Wednesday night, the agency announced in a statement.... Read more >

Category: IRS

Source: forbes.com - Feb 3, 2016

Remember when Peyton Manning paid New Jersey nearly $47,000 in taxes two years ago on his Super Bowl earnings of $46,000? Manning has nothing on the state taxes facing Carolina Panthers quarterback... Read more >

Category: IRS

Source: nbcnews.com - Jan 25, 2016

The IRS, state authorities and the tax preparation industry have joined together to combat identity thieves rushing to file their bogus state and federal returns in your name while you're still... Read more >

Category: IRS

Source: marketwatch.com - Jan 22, 2016

When it comes to charitable giving, it’s well known that taxes matter. The promise of a big deduction is a great way to get people to open their checkbooks. Yet the relationship between taxes... Read more >

Category: IRS

Source: forbes.com - Jan 22, 2016

IRS Form 1099 season is here. No form is more critical to your tax return. You are almost guaranteed an audit or tax notice if you fail to report a Form 1099. Each Form 1099 is matched to your... Read more >

Category: IRS

Source: irs.gov - Dec 23, 2015

IR-2015-139, Dec. 21, 2015 WASHINGTON ― Following a review of the tax extenders legislation signed into law last week, the Internal Revenue Service announced today that the nation’s tax season... Read more >

Category: IRS

Source: huffingtonpost.com - Dec 18, 2015

WASHINGTON -- In a vote that might have said more about the internal divisions of the parties than the House itself, Republicans and Democrats came together Friday to pass a sweeping $1.1 trillion... Read more >

Category: IRS

Source: money.cnn.com - Dec 17, 2015

Parents, low-income families, students, teachers and mass commuters are among those who will benefit from a big tax deal that will be voted on by Congress in the next few days. While nothing is... Read more >

Category: IRS

Source: ww2.cfo.com - Dec 11, 2015

With negotiations intensifying on Capitol Hill, uncertainty remained over whether lawmakers would pass a major tax bill with permanent extensions benefiting both political parties, or simply opt... Read more >

Category: IRS

Source: washingtonpost.com - Dec 11, 2015

With less than a week left to buy health plans under the Affordable Care Act for coverage that starts Jan. 1, about one in four existing customers have renewed coverage so far on the federal... Read more >

Category: IRS

Source: tax-news.com - Nov 17, 2015

The Internal Revenue Service has reminded eligible employees that now is the time to begin planning to take full advantage of their employer's health flexible spending arrangement (FSA) during... Read more >

Category: IRS

Source: irs.gov - Nov 16, 2015

IR-2015-122, Oct. 29, 2015 WASHINGTON — The Internal Revenue Service today reminded taxpayers born before... Read more >

Category: IRS

Source: cbsnews.com - Nov 12, 2015

Before the holidays become all-consuming, now's a great time to focus on some financial moves to make that can lower your taxes when you file next year. The point of year-end tax planning is... Read more >

Category: IRS

Source: finance.yahoo.com - Oct 26, 2015

LOS ANGELES, CA--(Marketwired - October 23, 2015) - A couple with tax-qualified long term care insurance coverage could enjoy a maximum $9,500 tax deduction in 2015. The potential tax deduction... Read more >

Category: IRS

Source: kiplinger.com - Feb 12, 2015

Years ago, the fellow who was running the IRS at the time told Kiplinger's Personal Finance magazine that he figured millions of taxpayers overpaid their taxes every year by overlooking just one of... Read more >

Category: IRS