When a disaster strikes, you’re thinking about the safety of yourself and your loved ones, sometimes followed by the daunting task of rebuilding your home. Taxes are likely the furthest thing from your mind. But when the dust settles, the government does offer some tax assistance for disaster victims in the form of a casualty loss deduction. While calculating the deduction can be complicated, it can be a significant benefit to those who have endured a major loss. Read more
The IRS is also sending clear warnings to people who used payment apps like PayPal,…
Many student loan borrowers who get their debt forgiven in 2026 can expect a hefty…
After shedding more than a quarter of its employees last year, the IRS is looking…
Holly Paz, a former top tax compliance leader at the IRS, reached an agreement with…
The IRS is reminding taxpayers that if their 2025 tax return claims either the Earned…
Americans are expecting hundreds of billions in tax refunds this year, with the average refund…
The IRS said in a statement that it will continue operations under the current lapse…
The Internal Revenue Service is asking seasoned employees without any direct tax experience to perform…
