The IRS this week opened the 2026 renewal process for preparer tax identification numbers (PTIN), which the nation’s more than 800,000 tax preparers are required to renew annually. Read more
Tax returns are annual and getting them filed also means starting the clock started on how long the IRS has to audit you. Once you file your return, when might you be in the clear? Read more
The Internal Revenue Service Math and Taxpayer Help Act was passed by the House of Representatives and the Senate earlier this month. Now, the IRS has the ability to notify filers with math or clerical mistakes on their tax returns in a much more detailed manner. Read more
There’s no doubt that being financially prepared for retirement is one of the surest ways to avoid stress in those years. However, just like in your working years, the chances are still high of you having to deal with the IRS. Federal tax rules will continue to apply to everyone, but luckily, some retirees in…
Every year, the IRS adjusts its income tax brackets to account for rises in inflation, ensuring that income tax brackets continue to accurately reflect the income realities of citizens. Read more
New Yorkers have been awaiting their refund checks that the state is issuing to help offset inflation costs. Read more
While April 15 was the official deadline for filing a 2024 tax return and paying the bulk of one’s estimated bill, Americans can receive an automatic six-month extension — which pushes the filing due date to Oct. 15 for millions of taxpayers. Read more
Officials with the Arkansas Department of Finance and Administration are sounding the alarm about a text scam. Read more
Americans who filed for more time on their 2024 federal tax filings may be wondering if anyone will be around to cash their check when the Oct. 15th extension deadline hits. But fear not, the Internal Revenue Service still wants your money. Read more
A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or other tax-deferred workplace retirement plans. Read more
