Be Prepared To Prove Your Identity When Calling The IRS
With tax refund scams on the rise and identity theft a pressing concern, be prepared to answer more questions when you reach out to the Internal Revenue Service (IRS).
Coverage of the IRS, Treasury, and other federal agencies — policy shifts, leadership changes, and how they affect taxpayers.
With tax refund scams on the rise and identity theft a pressing concern, be prepared to answer more questions when you reach out to the Internal Revenue Service (IRS).
The U.S. Department of the Treasury has proposed the repeal of nearly 300 tax regulations that are “unnecessary, duplicative or obsolete and force taxpayers to navigate needlessly complex or confusing rules.” Tax Regulations are considered the official interpretation of the Tax Code.
Millions of taxpayers expect to be ready on January 29 when tax season opens, but will the Internal Revenue Service (IRS) be ready? In anticipation of a federal government shutdown, the IRS has prepared a contingency plan for the filing season.
Are we really headed towards a government shutdown? As Congress and the White House grapple with the next steps, here’s what you need to know.
Federal tax receipts for the first 11 months of fiscal year 2016 totaled $2.909 trillion, according to the Congressional Budget Office (CBO). The CBO estimates that the government took in $26 billion – or about 1% – more than they did during the same period last year, marking a record high.
The National Park Service turns 100 today! Here’s how it got started and why we keep it going.
An eighth grader got more than she bargained for – but not her chicken nuggets – when she tried to buy lunch with a $2 bill.
It was a busy week for the Internal Revenue Service (IRS). With Tax Day 2016 barely in the books, the House passed two bills focused on IRS which would restrict funding and impose a hiring freeze.
Check that envelope before you send out your tax return: you might need less postage. The cost of stamps is about to drop – about a week before Tax Day.
Planning on getting your loved ones a drone for Christmas? Be prepared to pay the drone tax. The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has announced that owners of small unmanned aircraft (UAS) weighing between 0.55 pounds and 55 pounds, including payloads such as onboard cameras, must register their devices and pay a $5 fee….