President Trump’s “special government employee,” Elon Musk, announced on Monday that he has dissolved the Internal Revenue ...
The annual IRS priority guidance plan lays out key areas for Treasury and the IRS. Comparing the 2023-2024 and 2024-2025 PGPs yields clues about what to expect in 2025. The initial PGP is ...
They’ll be sent to the bank account listed on the taxpayer’s 2023 return or to the address IRS has on file. You still might be able to receive the money. However, taxpayers need to file a tax ...
The agency announced guidance on the federal tax status of these state “stimulus” and other special payments made to individuals. The guidance, which applies to payments received in 2023 ...
Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March 2023, changes how the step-up ...
The IRS placed a moratorium on processing new claims in September 2023, and in mid-2024 began processing claims submitted between that month and Jan. 31, 2024. The goal, IRS Commissioner Danny ...