IRS, stimulus

The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners can ...
The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit ...
The Recovery Rebate Credit was available to taxpayers who missed one of the three COVID stimulus payments or who did not ...
Congress revoked an additional $20 billion from the Internal Revenue Service last week when lawmakers averted a government ...
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...
About one million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the weeks ahead. The payments are for those who didn’t claim a Recovery Rebate Credit on ...
The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose ...
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.