Archive Monthly Archives: November 2024
IRS Crackdown Targets $1.4 Billion in Unpaid Gambling Taxes
The IRS is preparing a tax-enforcement push to address $1.4 billion in unpaid gambling taxes.A recent audit by the Treasury Inspector General for Tax Administration (TIGTA) revealed that nearly 150,000
Read MoreIRS Announces New Federal Income Tax Brackets for 2025
The IRS recently unveiled the new federal income tax brackets for 2025, adjusting income thresholds across all tax rates. These changes, including increases to the standard deduction, aim to account for
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