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).
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Treasury Proposes To Strike Hundreds Of Tax Regulations
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.
Read MoreWhat A Federal Shutdown Means For Taxpayers
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.
Read More11 Quick Facts About A Potential Government Shutdown
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.
Read MoreFederal Tax Receipts Hit Record High $2.9 Trillion – And Counting
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.
Read MoreThis Land Is Your Land: National Park Service Celebrates 100 Years
The National Park Service turns 100 today! Here’s how it got started and why we keep it going.
Read MorePolice Involved After Student Tries To Buy Lunch With $2 Bill
An eighth grader got more than she bargained for – but not her chicken nuggets – when she tried to buy lunch with a $2 bill.
Read MoreHouse Votes In IRS Hiring Freeze, Restrictions On Spending
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.
Read MoreThe Cost Of Stamps Is Going Down Just Before Tax Day
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.
Read MoreFAA Announces Registration Requirements & New ‘Drone Tax’
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
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