IRS Announces Jan. 27 As Start to Tax Season

Jan 15, 2025 | IRS, tax season

Tax Season As of January 10th the IRS’ Free File Program is open. Direct File available starting Jan. 27 for taxpayers in 25 states. The Internal Revenue Service announced that the nation’s 2025 tax season will start on Monday, Jan. 27, 2025, and will feature...

IRS Recovers Billions in Tax

Dec 13, 2024 | IRS

$4.7 Billion Recovered for U.S. Taxpayers, Help From Whistleblowers The IRS provided the regular quarterly update to the Strategic Operating Plan, outlining key milestones in criminal investigations, improvements to taxpayer services and advancements in digital...

Am I Next? IRS Hauls in Millions From Rich Americans

Sep 30, 2024 | IRS

In recent weeks, news outlets have been buzzing with reports of the IRS targeting wealthy individuals, pulling in millions from unpaid taxes, fines, and interest. When the IRS hauls in Millions From rich Americans we don’t feel too sorry, but we might worry a...

IRS Regulations Requiring Broker Reporting of Digital Assets

Jul 9, 2024 | IRS

The U.S. DOT and the IRS issued final regulations requiring custodial brokers to report sales and exchanges of digital assets, including cryptocurrency. These reporting requirements will help taxpayers file accurate tax returns concerning digital asset transactions,...