Accounting Today1h
IRS improved customer service, but timeliness problems remain
The Internal Revenue Service made progress on its customer service and systems last year, but it's still facing challenges ...
Tax season has begun. Here’s when you’ll get your refund
Tax season is underway, and the IRS expects 140 million people will file returns by April 15. If you file your tax return ...
Could Donald Trump Replace the IRS With Tariffs? Economists Weigh In
Experts believe Trump would struggle to replace tax revenue with income from tariffs, as the president has recently suggested ...
IRS head to resign 3 years before his term expires, as Donald Trump takes office
WASHINGTON − The head of the Internal Revenue Service told the tax agency's employees Friday that he will resign when President-elect Donald Trump returns to office Monday. IRS ...
Democrats on Virginia House panel nix Trump-inspired ‘no tax on tips’
Gov. Glenn Youngkin (R) has proposed making Virginia the first state to deliver a no-tax-on-tips policy, but House Democrats ...
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Tax season starts: Free tax services available in DC, Maryland, Virginia
Monday was the official start to everyone’s favorite time of year: tax season. Though filing taxes is often stressful, there ...
Why A Trump-Era Estate Tax Repeal Is Unlikely
President Trump has long expressed his desire to repeal the estate tax, but will this become a reality in his second term?
Trump And The External Revenue Service: What Just Happened?
What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS. The short answer is no, not without congressional cooperation. Like other ...
This DC senior was tricked into draining her 401(k) — now she’s on the hook for $180K in taxes after Congress stalled relief bills to help fraud victims
Jacobs — a real-life investigator — to pursue the drug cartel, but in reality, she was being fed lies and manipulated into ...