The Internal Revenue Service (IRS) has (finally!) announced a number of tax-related provisions for 2018, including, of course, the latest tax rate schedules and tax tables. This announcement is the official interpretation of the Tax Jobs and Cuts Act of 2017.
Read MoreYear: 2018
Phone Scams Top IRS Dirty Dozen
The Internal Revenue Service (IRS) is reminding taxpayers about continuing aggressive phone scams. Those phone scams are “a major threat to taxpayers” and as such, continued to hold down a top spot on the IRS “Dirty Dozen” list of tax scams for the 2018 filing season.
Read MoreIRS: Delayed Tax Refunds Should Be Arriving Soon
The Internal Revenue Service (IRS) has announced that tax refunds for taxpayers who claimed the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) should begin arriving in bank accounts or on debit cards this week.
Read MoreDr. Seuss, Rewritten: Thefts, Schemes & Scams
Over the past few years, on Dr. Seuss’ birthday, I’ve mixed a little tax in with my Seuss. This year, I’ve re-written “Green Eggs and Ham” to be “Thefts, Schemes and Scams.”
Read MoreAs Trump Talks Tariffs, Here's What You Need To Know
At a press meeting earlier today, President Donald Trump announced that he would impose tariffs on imported steel and aluminum. So what is a tariff and how does it work?
Read MoreIRS Releases New Withholding Calculator And Form W-4
The Internal Revenue Service (IRS) has released an updated Withholding Calculator and form W-4 which reflect changes under the new tax law.
Read MoreFiguring Out Your Form W-4 Under The New Tax Law
Wondering how to fill out your form W-4? Here’s what you need to know about the updated form for 2018.
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Coinbase Will Turn Over Court-Ordered Data
In the battle between the Internal Revenue Service (IRS) and Coinbase, a company which facilitates transactions of digital currencies like Bitcoin and Ethereum, Coinbase has announced that it has officially notified affected customers that it will comply with a court order.
Read MoreIRS Accepting Returns Claiming Some Tax Extenders
The Internal Revenue Service (IRS) has confirmed that it is now ready to process tax year 2017 returns claiming three popular tax benefits which were recently renewed retroactively.
Read MoreIRS Issues Guidance On Home Equity Loan Interest After Tax Reform
Taxpayers and tax professionals had questions about what the new tax law meant for homeowners with debt. Today, the Internal Revenue Service (IRS) finally issued guidance concerning deducting interest paid on home equity loans.
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