Standard Tax Deduction in 2023 gets great boost
Standard Tax Deduction in 2023 gets great boost

The standard deduction train picked up even more passengers after the Tax Cuts and Jobs Act (TCJA) of...

Tyler Perry’s audit ends in $9M refund, and firing of accountants
Tyler Perry’s audit ends in $9M refund, and firing of accountants

Perry's IRS story also was recounted by Black Enterprise. The coverage from both websites earns this weekend's dual weekend's Saturday...

Social Security increasing wage base to $160,200 in 2023
Social Security increasing wage base to $160,200 in 2023

The Social Security Administration (SSA) gave retirees and other recipients of the program's payments good news this week....

Deadline to file 2019 and 2020 tax returns to get COVID penalty relief postponed in declared disaster areas
Deadline to file 2019 and 2020 tax returns to get COVID penalty relief postponed in declared disaster areas

WASHINGTON  ̶  The Internal Revenue Service reminds taxpayers in areas covered by certain Federal Emergency Management Agency (FEMA)...

Some States Are Sending Out Stimulus Checks—Is Yours Next?
Some States Are Sending Out Stimulus Checks—Is Yours Next?

With little immediate relief from the federal government to respond to record inflation, 18 states are sending —or have...

IRS NEWSLETTERS
IRS NEWSLETTERS

When the IRS needs to ask a question about a taxpayer’s tax return, notify them about a change...