IRS & Government

Federal Benefit Recipients With Children Have More Time to Get the $500 Economic Impact Payment

The IRS has reopened the registration period for individuals who receive Social Security, Supplemental Security Income, Railroad Retirement or veteran's…

4 years ago

People Should Have Tax Withheld From Unemployment Now to Avoid a Tax-Time Surprise

Due to the Coronavirus pandemic, millions of Americans received or are currently receiving unemployment insurance payments, many of them for…

4 years ago

Tax Treatment of Unemployment Benefits

The tax treatment of unemployment benefits you receive depends on the type of program paying the benefits. Unemployment compensation includes…

4 years ago

New Law Provides Relief for Eligible Taxpayers Who Need Funds From IRAS and Other Retirement Plans

The Internal Revenue Service provided a reminder today that the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help…

4 years ago

What Taxpayers Need to Know About the Home Office Deduction

The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working…

4 years ago

IRS Unveils “Dirty Dozen” List of Tax Scams for 2020

The Internal Revenue Service today announced its annual "Dirty Dozen" list of tax scams with a special emphasis on aggressive…

4 years ago

IRS Advice for Those Who Missed the Deadline, File Now

For those who missed the July 15 tax deadline and didn't request an extension, the Internal Revenue Service reminds taxpayers…

4 years ago

Keep Tax and Financial Records Safe in Case of a Natural Disaster

Hurricanes, tornadoes, floods and other natural disasters are more common in the summer. The IRS encourages you to take a…

4 years ago