The president's tax policy is framed in the idea that our tax code is unfairly weighted in favor of high-income people. It's an idea that is widely accepted, but it’s just not true.President Biden delivered
Read MoreNow you can check the status of a tax refund in just a few clicks using the Where’s My Refund tool created by the IRSBy far, the question most asked of any tax professional (erroneously, because we have
Read MoreThe IRS has created a special page to provide current updates and the latest tax filing informationTo assist taxpayers and tax professionals, the IRS created Help for taxpayers and tax professionals: Special
Read MoreA group of 99 House Republicans has sent a letter to Internal Revenue Service Commissioner Charles Rettig asking for information about how the IRS plans to fix the backlog of unprocessed tax returns before
Read MoreThe Internal Revenue Service is teaming up with international organizations and regulators this week to call attention to the dangers of charity fraud and to bolster charity fraud awareness.Raising awareness
Read MoreSeriously tax-delinquent taxpayers may soon hear from someone new.The Internal Revenue Service has awarded contracts to three private collection agencies for the collection of overdue tax debts. The new
Read MoreThere’s a tax avoidance trick that the super-rich are already using to avoid paying the higher taxes proposed by Democrats to finance their spending plans. Naturally, the moderately rich are interested,
Read MoreThe fight in Congress over emerging tax increases on the wealthy took a dramatic turn on September 13, with a slew of unexpected proposals from lawmakers, including retirement plans, inheritances, and
Read MoreThe IRS and the Treasury recently started disbursing advance monthly payments of the expanded Child Tax Credit in a program that aims to lift millions of families out of poverty.Approximately $15 billion
Read MoreThe Internal Revenue Service ended one strategy for examining high-income taxpayers in 2017 and switched to another strategy involving the IRS targeting the wealthy that brought in far less tax revenue
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