If you earn less than $84,000, you can benefit from these free IRS tax filing programs
Taxpayers with an AGI above $84,000 can use the Free File Fillable Forms starting Jan. 27. That service is available to all ...
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IRS requirements to exempt taxes this 2025
The IRS brings good news for taxpayers: those eligible for the Earned Income Tax Credit (EITC) can enjoy significant tax ...
Elizabeth Warren proposes Elon Musk pay more taxes for gov’t efficiency
Senator Elizabeth Warren penned an open letter to the Department of Government Efficiency (DOGE) Chair, Elon Musk, proposing ways the federal government could cut wasteful spending. According to the ...
Former Keolis employee pleads guilty to stealing $8M from commuter rail, defrauding IRS
A former high-ranking Keolis employee has pleaded guilty to stealing more than $8 million intended to operate the MBTA commuter rail system and to defrauding the IRS, the U.S. Attorney said Thursday.
Beware: Scammers exploit IRS COVID Tax Credit, targeting 1 million eligible taxpayers
Scammers are exploiting the IRS's recent initiative to distribute unclaimed $1,400 Recovery Rebate Credits to eligible taxpayers.
TaxBandits Strengthens Fraud Prevention and Security Measures to Identity Theft and Tax Frauds for the 2024 Tax Year
With the January 31, 2025, tax filing deadline on the horizon, TaxBandits, an IRS-authorized e-file service provider, underscores its steadfast commitment to safeguarding tax professionals and their ...
Protect Yourself From Tax Fraud
Safeguarding against tax-related identity theft requires a proactive approach that combines enhanced security practices, fraud prevention education and better monitoring of financial accounts. Taking ...
Facing an IRS Audit? Here's Your Immediate Action Plan
Stay calm and read your audit letter carefully if you're being audited. Find out what steps you need to take. You have the right to get help if you need it.
Why some hope the IRS's free tax-prep program becomes the next Obamacare
The longer the Direct File tax-prep program sticks around, the harder it is to end it, critics worry . It was soon after the start of Scott Bessent's confirmat ...
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PSA: If You Got an EV Tax Credit But Make Too Much Money, You Have to Pay It Back
The $7,500 federal tax credit for EVs has income requirements, but car salespeople aren't accountants, so double-check that you're eligible before driving off the lot.
Neither Social Security nor IRS: all Americans have it in their pocket and it is the next target of Elon Musk’s DOGE
Elon Musk’s Department of Government Efficiency (DOGE) has identified a new priority in its quest to slash federal spending: the humble American penny. In a post on X this Tuesday, DOGE noted that the ...
Report: Illegal immigration costs taxpayers $116 billion annually
A comprehensive report by the Federation for Immigration Reform (FAIR) breaks down the cost of illegal immigration to U.S. taxpayers: $115.89 billion annually.