Taxes July 28, 2025
A new IRS memorandum highlights changes aimed at reducing examination times for large corporations while making the audit process more customer-driven, consistent, and efficient.
July 28, 2025
July 25, 2025
February 14, 2018
The proposed budget for fiscal year 2019 that was released by the White House on February 12 includes a $2.3 billion outlay for tax filing and compliance administration and another $110 million to update the IRS’ computer systems.
February 13, 2018
You want your income tax refund, and you want it soon. Unfortunately, the IRS is processing millions of tax refunds right now. So how can you find out when you'll get yours? This chart shows you.
February 13, 2018
Waiting on your tax refund? Wondering: "Where's my refund? (Or) Where's my income tax refund?" - We have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. (This article was updated on Feb. 16
February 9, 2018
Less than a month has passed since the last government shutdown, but for a few hours early on Friday morning, U.S. Senator Rand Paul (R-Kentucky) used a Senate rule to shut the federal government down. It was a symbolic gesture, at best.
February 6, 2018
According to the contingency plan that went into effect during the first shutdown, about half the IRS staff – around 35,000 workers -- will be told to stay home. The other half will still punch in.
January 31, 2018
How quickly a taxpayer receives a refund also depends on when they file and whether they have requested a direct deposit of their refund, or a paper check. This is because during some time frames there is increased traffic, with more filers getting ...
January 29, 2018
The IRS started processing returns on January 29. The IRS will not start processing returns with the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) until mid-February 2018.
January 29, 2018
The shutdown of the federal government on January 20 only lasted two days. But another deadline is looming: Uncle Sam will close up shop again on February 8 if Congress doesn’t take further action.
January 25, 2018
The IRS will start processing most returns on January 29, but will not start processing returns with the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) until mid-February 2018.
January 24, 2018
If nominated and approved, Rettig faces an uphill battle in turning around the IRS, which has suffered in recent years from a dwindling budget and several black eyes, including the “Tea Party scandal” that unfolded under Koskinen’s watch.
January 24, 2018
A tax professional such as a CPA, EA or tax attorney can assist taxpayers in determining whether they are eligible for this and other credits.
January 23, 2018
A special computation method, available only to people who lived in one of the hurricane disaster areas during 2017, may enable them to claim the EITC or claim a larger than usual credit. Under this method, taxpayers whose incomes dropped in 2017 can ...