IRS Issues Warning to Taxpayers About Popular Fuel Tax Credit
The Internal Revenue Service introduced a new form to protect ineligible taxpayers from claiming the Fuel Tax Credit.
IRS says taxpayer service will suffer if Congress cuts modernization funds
The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on Jan. 27 with expanded tools that ...
NewsChannel2015h
Illinois Department of Revenue Announces Start of 2025 Income Tax Season
The Illinois Department of Revenue (IDOR) announced they will begin accepting and processing 2025 tax returns on Monday, ...
IRS Issues Tax Update for Millions on Family and Medical Leave Programs
According to the new IRS guidance, issued on January 15, employers may deduct payments made toward mandatory state leave programs as an excise tax. Employees can deduct their contributions as income ...
Accounting Today16h
IRS proposes regulations, draft form for corporate separations and reorganizations
The IRS and the Treasury Department issued proposed regs and reporting requirements for multi-year corporate separations and ...
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IRS stimulus checks: Who is eligible to receive $1,400 payment, what to know
The Internal Revenue Service is sending out $2.4 billion in stimulus payments to approximately 1 million eligible taxpayers ...