As if the IRS doesn’t have enough problems with staff shortages and a backlog of returns, now it must deal with potential headaches surrounding enhanced Child Tax Credit payments. The agency recently ...

The Internal Revenue Service has been working to resolve a problem that was preventing businesses and tax professionals from using a new online portal to file their 1099 forms for free. Processing ...

Ways and Means Committee Chairman Jason Smith (R-MO) announced on Wednesday the launch of an online portal for IRS employees to report malfeasance directly to Congress. The portal features an area for ...

The Internal Revenue Service unveiled a long-awaited online portal Wednesday where businesses will be able to file their 1099 information returns for free. Processing Content The Information Returns ...

The IRS launched an online portal for sellers and dealers of energy efficient cars to get advance payment of the tax credits within 72 hours of a sale, essentially cutting the price of the vehicles.

Some drivers who bought electric vehicles in 2024 have found it impossible to claim their EV tax credits now when filing their tax returns, thanks to a glitch. But now, a new alert offers a bit more ...

The IRS is phasing out paper refund checks in favor of digital payments, raising concerns for unbanked Americans who may face ...

Navigating the necessary IRS steps in order to successfully file your taxes as a small business owner can be tricky. Thankfully, the federal powers that be present an abundance of information ...