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IRS
Tiger Woods Owes the Internal Revenue Service $23 Million!
According to Golf Magic, Tiger Woods would have made almost $60 million in 2021. A sum that makes you dizzy when you consider that the Tiger, who was involved in a life-threatening vehicle accident fifteen months ago, has not competed in…
Surplus Tax Refund in Georgia: Why Is It Taking So Long?
Some residents of the state of Georgia in the United States are still waiting for their tax refunds to arrive, despite the fact that the deadline for filing taxes passed many weeks ago.
The Internal Revenue Service (IRS) provides an…
The Internal Revenue Service (Irs) Could Easily Process the Tax Returns of More Than 60 Million…
Doing your taxes isn't all that difficult for many Americans. It's nothing more than data entry.
The majority of the time, doing your taxes is sifting through different Internal Revenue Service forms that arrive in the mail. W-2s reveal…
How Your Beneficiaries Get Your Retirement Funds Is Changing Due to a New Irs Rule!
The IRS has recommended a reform for 403(b) plans, a type of corporate retirement plan utilized largely by public and non-profit employees, in order to simplify the regulation that controls how retirement accounts can be used.…
The Irs Commissioner Wants Congress to Amend the Law on Land-rights Tax Settlements!
Commissioner of the Internal Revenue Service Charles Rettig asked Congress on Tuesday for help in stopping land-rights deals that the government considers to be abusive.
Mr. Rettig claimed that despite years of increased IRS enforcement,…
Update on the Stimulus: the Irs Gave Average Americans 4.9 Percent More Money This Year!
The IRS recently released information for the 2022 tax filing season. This was based on tax returns filed for the fiscal year 2021. According to IRS data dated April 22, 2022, the average tax refund this year was 4.9 percent greater than…
Irs Seeks Nominations for 2023 Internal Revenue Service Advisory Council!
This week, the Internal Revenue Service announced that applications for the Internal Revenue Service Advisory Council for 2023 are now being accepted. The deadline for applications is June 3, 2022.
The IRSAC functions as an advisory body…
The Internal Revenue Service Has Increased the 401(K) Contribution Limits for 2022!
The 401(k) is something of a gold standard for American workers who want to save for retirement. Employees can choose to contribute a percentage of their pay to a 401(k) plan, which is an employer-sponsored retirement account, and employers…
According to Irs Data, About 78 Million Tax Refunds Have Been Issued!
Individuals who filed their income tax forms before the deadline will receive their refunds as soon as possible. The IRS has approved the bulk of tax refunds, and most taxpayers received them within 21 days.
By the 15th of April, the IRS…
Irs: You Might Get a Letter. Here’s Why You Should Pay Attention to It!
Don't disregard letters from the Internal Revenue Service if you want a rapid tax refund.
This time of year, letters are ubiquitous, even if Tax Day has passed. In most cases, you'll be asked to provide additional information about your…