President Trump has described his audit as ‘very routine,’ but legal experts say it is quite unusual
One San Francisco accountant finishes every client conversation with a discussion about what a Biden administration could mean for portfolios
“We are hearing from our constituents right and left,” one lawmaker said at a Wednesday hearing where IRS Commissioner Charles Rettig testified
One expert says Trump’s reportedly low tax bill is the ‘logical conclusion’ of a tax code filled with special breaks; another says the president is ‘an outlier’
The agency has guidelines on expenses that aim to ‘increase your personal prestige or establish your professional reputation’
The Tax Policy Center estimates how many people paid no federal individual income taxes in 2020
Employers ‘should be ready to answer questions, because they are going to get them’
‘Fairness truly is in the eye of the beholder,’ according to a new study
Next week, an IRS watchdog agency will help track down stimulus payments for taxpayers facing certain scenarios
Some people use the money for a fresh start, like a man who paid off speeding and parking tickets so he could make money driving again
Processing refunds and customer service are two priorities, the IRS Commissioner says
Provisions in the CARES act can also help out some taxpayers.
July 15 is Tax Day — and the deadline for a decision connected to trading loss deductions next tax season.
‘These people will not be able to go on a vacation on this money. You might get a latte.’
This potential snag is a ‘fixable problem’
Many black taxpayers aren’t in a financial position to access the tax code’s ‘special aspects’
There’s a patchwork of laws applying to non-residents and remote workers
Other borrowers say their paychecks are being garnished during the coronavirus outbreak, even though the CARES Act was supposed to prohibit the practice
Workers will also be allowed to enroll in their employer’s health plan outside of the typical open enrollment season
The IRS did not specify whether people would face penalties for not returning stimulus checks the agency sent to dead people.
