IRS Free File Program Sees Increased Usage, Extended Through 2029
The IRS Free File program, a public-private partnership offering free federal tax filing to those with an adjusted gross income (AGI) of $84,000 or less in 2024, processed 2.9 million returns through May 11, 2025, a 7.3% increase from the same period in 2024; the program will continue through 2029.
IRS Free File Program Sees Increased Usage, Extended Through 2029
The IRS Free File program, a public-private partnership offering free federal tax filing to those with an adjusted gross income (AGI) of $84,000 or less in 2024, processed 2.9 million returns through May 11, 2025, a 7.3% increase from the same period in 2024; the program will continue through 2029.
Progress
48% Bias Score
Direct File's Future Uncertain Amidst Republican Opposition
The IRS's Direct File free tax filing program, which processed 140,000 returns in its 2024 pilot across 25 states saving taxpayers an estimated \$5.6 million, faces an uncertain future due to Republican opposition under the incoming GOP administration.
Direct File's Future Uncertain Amidst Republican Opposition
The IRS's Direct File free tax filing program, which processed 140,000 returns in its 2024 pilot across 25 states saving taxpayers an estimated \$5.6 million, faces an uncertain future due to Republican opposition under the incoming GOP administration.
Progress
48% Bias Score
IRS Tax Debt Forgiveness: Options and Conditions
The IRS may forgive back taxes after 10 years, through Offers in Compromise (OICs) based on financial hardship, or via Innocent Spouse Relief; however, it requires active participation and meeting specific criteria.
IRS Tax Debt Forgiveness: Options and Conditions
The IRS may forgive back taxes after 10 years, through Offers in Compromise (OICs) based on financial hardship, or via Innocent Spouse Relief; however, it requires active participation and meeting specific criteria.
Progress
36% Bias Score
Warren Questions Long's IRS Qualifications Amid ERTC Fraud Concerns
Senator Elizabeth Warren is questioning Billy Long's qualifications to lead the IRS due to his lack of tax experience and promotion of the fraud-ridden Employee Retention Tax Credit, prompting a Senate Finance Committee confirmation hearing this year and raising concerns about potential future impac...
Warren Questions Long's IRS Qualifications Amid ERTC Fraud Concerns
Senator Elizabeth Warren is questioning Billy Long's qualifications to lead the IRS due to his lack of tax experience and promotion of the fraud-ridden Employee Retention Tax Credit, prompting a Senate Finance Committee confirmation hearing this year and raising concerns about potential future impac...
Progress
40% Bias Score
IRS Watchdog Urges Congress to Preserve Taxpayer Services Funding
The IRS's internal watchdog warned Congress against cutting funding for taxpayer services and technology modernization, highlighting an imbalance in the Inflation Reduction Act's funding allocation where only 10% was allocated to these crucial areas compared to 58% for enforcement, despite 98% of fe...
IRS Watchdog Urges Congress to Preserve Taxpayer Services Funding
The IRS's internal watchdog warned Congress against cutting funding for taxpayer services and technology modernization, highlighting an imbalance in the Inflation Reduction Act's funding allocation where only 10% was allocated to these crucial areas compared to 58% for enforcement, despite 98% of fe...
Progress
36% Bias Score
Key 2025 Federal Tax Changes for Employees
The 2025 Social Security wage base is $176,100; supplemental income tax withholding is 22%; and the 401(k) contribution limit is $23,500 ($31,000 for those 50 and older).
Key 2025 Federal Tax Changes for Employees
The 2025 Social Security wage base is $176,100; supplemental income tax withholding is 22%; and the 401(k) contribution limit is $23,500 ($31,000 for those 50 and older).
Progress
28% Bias Score
IRS Form 1099: Automated Tax Reporting and Consequences of Non-Compliance
IRS Form 1099, crucial for automated tax reporting, requires businesses to report payments exceeding $600 to non-corporate payees; failure to report this income on personal tax returns may result in audits and tax notices.
IRS Form 1099: Automated Tax Reporting and Consequences of Non-Compliance
IRS Form 1099, crucial for automated tax reporting, requires businesses to report payments exceeding $600 to non-corporate payees; failure to report this income on personal tax returns may result in audits and tax notices.
Progress
40% Bias Score
IRS to Report US Cryptocurrency Transactions Starting 2025
Starting in 2025, US taxpayers using custodial digital asset trading platforms will have their crypto transactions reported to the IRS on Form 1099-DA; decentralized exchange reporting starts in 2027, while cost basis reporting is delayed until 2026; this is a tax compliance mechanism, not a new tax...
IRS to Report US Cryptocurrency Transactions Starting 2025
Starting in 2025, US taxpayers using custodial digital asset trading platforms will have their crypto transactions reported to the IRS on Form 1099-DA; decentralized exchange reporting starts in 2027, while cost basis reporting is delayed until 2026; this is a tax compliance mechanism, not a new tax...
Progress
32% Bias Score
IRS Hardship Program: Eligibility, Alternatives, and Long-Term Implications
The IRS hardship program, or Currently Not Collectible (CNC) status, provides temporary tax debt collection relief to taxpayers facing financial hardship, pausing collections but not eliminating debt or accrued interest; eligibility is determined case-by-case based on income, expenses, assets, and o...
IRS Hardship Program: Eligibility, Alternatives, and Long-Term Implications
The IRS hardship program, or Currently Not Collectible (CNC) status, provides temporary tax debt collection relief to taxpayers facing financial hardship, pausing collections but not eliminating debt or accrued interest; eligibility is determined case-by-case based on income, expenses, assets, and o...
Progress
44% Bias Score
IRS Improves Taxpayer Service Despite Backlogs, Budget Threats
The IRS has improved taxpayer services thanks to the Inflation Reduction Act, but still faces significant backlogs in identity theft (22-month delays) and ERC claims (1.2 million pending), impacting taxpayers and businesses; budget cuts threaten further progress.
IRS Improves Taxpayer Service Despite Backlogs, Budget Threats
The IRS has improved taxpayer services thanks to the Inflation Reduction Act, but still faces significant backlogs in identity theft (22-month delays) and ERC claims (1.2 million pending), impacting taxpayers and businesses; budget cuts threaten further progress.
Progress
40% Bias Score
2025 Tax Bracket Increase: Higher Take-Home Pay, but Inflation Remains a Factor
The IRS raised 2025 federal income tax brackets by about 2.8%, potentially increasing take-home pay for those with unchanged wages; however, this might be offset by persistent inflation in certain sectors.
2025 Tax Bracket Increase: Higher Take-Home Pay, but Inflation Remains a Factor
The IRS raised 2025 federal income tax brackets by about 2.8%, potentially increasing take-home pay for those with unchanged wages; however, this might be offset by persistent inflation in certain sectors.
Progress
32% Bias Score
Three Crucial Times to Consider Professional Tax Relief
Facing financial hardship, making extreme sacrifices to pay taxes, or risking wage garnishment are three key situations where individuals should consider seeking professional tax relief services to negotiate lower debt settlements and prevent severe financial repercussions from the IRS.
Three Crucial Times to Consider Professional Tax Relief
Facing financial hardship, making extreme sacrifices to pay taxes, or risking wage garnishment are three key situations where individuals should consider seeking professional tax relief services to negotiate lower debt settlements and prevent severe financial repercussions from the IRS.
Progress
56% Bias Score