Tax filing season started on Jan. 26, and for many taxpayers, that means a federal tax refund. If you file electronically, the IRS usually processes refund...
Do you have an IRS Individual Online Account? If not, the IRS is encouraging you to create one. Taxpayers with an account can securely access their tax inf...
At the start of the new year, your finance and accounting (F&A) department is under a microscope. Budgets, forecasts and strategic plans are top of min...
Several observers, including the National Taxpayer Advocate, have warned that staffing cuts and new tax laws may hinder the IRS this filing season. But the...
Employer reimbursements for bicycle commuting costs, such as purchases, repairs and storage, remain taxable income to employees. That’s because the suspe...
The National Taxpayer Advocate, Erin Collins, recently issued her 2025 Annual Report to Congress. In it, she warns that the combination of staff reductions...
If you owe federal tax, you can generally pay the debt using a credit or debit card or through certain third-party apps. However, there are restrictions. T...
Are you eligible for the Earned Income Tax Credit (EITC)? Each year, roughly 1 in 5 eligible taxpayers don’t claim this credit. To raise awareness, the I...
The IRS has published new FAQs on Executive Order 14247, which calls for eliminating paper checks to and from the IRS. This change is to reduce fraud, enha...
Americans living abroad generally have more time to file their federal income tax returns than their stateside peers. If your tax home and abode are outsid...