The IRS just dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in 2025. From bigger deductions to higher limits on health-related ...
Why have the Biden administration and the IRS only targeted the ERTC program, when they exhibit no other concern about the proverbial “waste, fraud, and abuse” permeating so many federal programs?
It’s no different for the IRS after the October 15 deadline. For the IRS, this period is known as the e-filing shutdown, often from late November until mid-January. With this in mind ...
The IRS on Friday announced an increase to the amount individuals can contribute to their 401(k) plans in 2025 — to $23,500, up from $23,000 in 2024. The Internal Revenue Service detailed the ...
The Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can contribute to their 401(k) and other retirement plans to account for inflation. Each year ...
If you use third-party payment platforms, like PayPal, Venmo or Cash App, to collect payments for your side gig or business, the Internal Revenue Service (IRS) wants to remind you to report ...
Maryland has paid $5.4 million to the Internal Revenue Service after a rare IRS audit of the state found it owed millions of dollars in taxes in 2020. Rachel Sessa, deputy comptroller for law and ...
IRS Announces Pension and Retirement Plan Contribution Adjustments for 2025 WASHINGTON (AP) — The IRS on Friday announced an increase to the amount individuals can contribute to their 401(k ...