[ad_1] It’s official: The tax season kicks off for individual filers on Jan. 23, the IRS announced on Thursday. For most taxpayers, you must file your federal return and pay…
Tag: Government taxation and revenue
Mega Millions jackpot jumps to $1.35 billion for the next drawing. Here’s the tax bill if there’s a winner
[ad_1] Scott Olson | Getty Images You may face long odds of hitting the Mega Millions jackpot — now worth $1.35 billion — but the taxman is always guaranteed a…
‘Don’t wait until March’ to hire a tax pro, says advisor — 3 moves to make before the 2023 tax filing season opens
[ad_1] mediaphotos | E+ | Getty Images Enlist tax prep help One of the first things to consider: Will you be filing your own taxes this year or tapping an…
House Republicans vote to strip IRS funding, following pledge to repeal nearly $80 billion approved by Congress
[ad_1] New U.S. Speaker of the House Kevin McCarthy, R-Calif., speaks with reporters in Washington, Jan. 7, 2023. Jon Cherry | Reuters House Republicans on Monday night voted to slash…
Former Trump Organization CFO Allen Weisselberg set to be sentenced in tax fraud case
[ad_1] Former CFO Allen Weisselberg leaves the courtroom for a lunch recess during a trial at the New York Supreme Court on November 17, 2022 in New York City. Michael…
Trump tax returns show former president was subject to $10,000 SALT cap — but experts say he may have sidestepped the limit
[ad_1] Former U.S. President Donald Trump on Nov. 15, 2022. Eva Marie Uzcategui/Bloomberg via Getty Images Former President Donald Trump paid millions of dollars in state and local taxes from…
IRS delays tax reporting change for 1099-K on Venmo, Paypal business payments
[ad_1] Svetikd | E+ | Getty Images The IRS has delayed, for a year, when payment services such as Paypal and Venmo and e-commerce companies such as eBay, Etsy and…