IRS Exempts Critical Employees from Resignation Program Amidst Staffing Concerns
On January 27, 2025, the Office of Personnel Management offered over two million federal workers the option to resign but remain on payroll until September 30, 2025; however, the IRS later exempted critical tax season employees from this program, creating potential staffing issues during tax filing ...
IRS Exempts Critical Employees from Resignation Program Amidst Staffing Concerns
On January 27, 2025, the Office of Personnel Management offered over two million federal workers the option to resign but remain on payroll until September 30, 2025; however, the IRS later exempted critical tax season employees from this program, creating potential staffing issues during tax filing ...
Progress
48% Bias Score
IRS Tax Debt Collection: Methods and Resolution Options
The IRS employs various methods to collect unpaid taxes, ranging from demand letters to seizing assets; however, taxpayers can resolve debt through payment plans, settlements, or professional assistance.
IRS Tax Debt Collection: Methods and Resolution Options
The IRS employs various methods to collect unpaid taxes, ranging from demand letters to seizing assets; however, taxpayers can resolve debt through payment plans, settlements, or professional assistance.
Progress
52% Bias Score
BBA Overhauls Partnership Audit Rules, Increasing Complexity for Tax Filings
The Bipartisan Budget Act of 2015 (BBA) overhauled partnership audit rules, creating strict procedures for amending tax returns (Administrative Adjustment Requests or AARs) filed from 2018, impacting partnerships and partners through increased complexity and potential IRS scrutiny.
BBA Overhauls Partnership Audit Rules, Increasing Complexity for Tax Filings
The Bipartisan Budget Act of 2015 (BBA) overhauled partnership audit rules, creating strict procedures for amending tax returns (Administrative Adjustment Requests or AARs) filed from 2018, impacting partnerships and partners through increased complexity and potential IRS scrutiny.
Progress
44% Bias Score
IRS Solutions for Taxpayers Owing Over $10,000
Facing over \$10,000 in back taxes? The IRS offers installment agreements, Offers in Compromise, and Currently Not Collectible status. Taxpayers may also pursue penalty abatement or utilize a tax relief service for expert negotiation and efficient debt resolution.
IRS Solutions for Taxpayers Owing Over $10,000
Facing over \$10,000 in back taxes? The IRS offers installment agreements, Offers in Compromise, and Currently Not Collectible status. Taxpayers may also pursue penalty abatement or utilize a tax relief service for expert negotiation and efficient debt resolution.
Progress
40% Bias Score
Child Tax Credit Filing Errors Cause Refund Delays
The 2024 Child Tax Credit (CTC) offers up to \$2,000 per qualifying child under 17, but common filing mistakes, such as missing Social Security numbers or misunderstanding eligibility rules, cause delays in receiving refunds; the IRS aims to provide updates on the Where's My Refund portal by Februar...
Child Tax Credit Filing Errors Cause Refund Delays
The 2024 Child Tax Credit (CTC) offers up to \$2,000 per qualifying child under 17, but common filing mistakes, such as missing Social Security numbers or misunderstanding eligibility rules, cause delays in receiving refunds; the IRS aims to provide updates on the Where's My Refund portal by Februar...
Progress
44% Bias Score
2024 Tax Season: High-Yield Income and Filing Implications
The IRS opened the 2024 tax season, with the April 15 deadline approaching; high-yield savings account income is taxable as ordinary income, while investors in partnerships await Schedule K-1 forms for tax reporting.
2024 Tax Season: High-Yield Income and Filing Implications
The IRS opened the 2024 tax season, with the April 15 deadline approaching; high-yield savings account income is taxable as ordinary income, while investors in partnerships await Schedule K-1 forms for tax reporting.
Progress
40% Bias Score
IRS Fresh Start Program Expands Tax Relief Options
The IRS Fresh Start program, launched in 2011 and expanded since, helps individuals and businesses manage tax debt through installment agreements (up to $50,000 over 72 months), Offers in Compromise, and tax lien relief, providing more flexible payment options and penalty relief.
IRS Fresh Start Program Expands Tax Relief Options
The IRS Fresh Start program, launched in 2011 and expanded since, helps individuals and businesses manage tax debt through installment agreements (up to $50,000 over 72 months), Offers in Compromise, and tax lien relief, providing more flexible payment options and penalty relief.
Progress
44% Bias Score
IRS Direct File Aims to Increase Tax Credit Claims, Reduce Poverty
The IRS's new Direct File online tax filing tool, available in 25 states, aims to increase claim rates for the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC), which together lifted 6.4 million people out of poverty in 2023; a 12-state pilot program showed 90 percent of users rated their ...
IRS Direct File Aims to Increase Tax Credit Claims, Reduce Poverty
The IRS's new Direct File online tax filing tool, available in 25 states, aims to increase claim rates for the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC), which together lifted 6.4 million people out of poverty in 2023; a 12-state pilot program showed 90 percent of users rated their ...
Progress
36% Bias Score
Tax Relief Services: Reducing Tax Debt Through Expert Negotiation
Tax relief services help reduce tax debt through Offer in Compromise negotiations, penalty abatement, installment agreement optimization, and strategic tax return review, providing valuable expertise most taxpayers lack when dealing with the IRS.
Tax Relief Services: Reducing Tax Debt Through Expert Negotiation
Tax relief services help reduce tax debt through Offer in Compromise negotiations, penalty abatement, installment agreement optimization, and strategic tax return review, providing valuable expertise most taxpayers lack when dealing with the IRS.
Progress
48% Bias Score
IRS Removes Sections of Internal Revenue Manual Following Trump's DEI Executive Order
Following President Trump's executive order targeting DEI initiatives, sections of the IRS Internal Revenue Manual (IRM) have been removed, impacting access to information on Offers in Compromise, the Large Business and International division, and programs serving diverse taxpayers, including the Ta...
IRS Removes Sections of Internal Revenue Manual Following Trump's DEI Executive Order
Following President Trump's executive order targeting DEI initiatives, sections of the IRS Internal Revenue Manual (IRM) have been removed, impacting access to information on Offers in Compromise, the Large Business and International division, and programs serving diverse taxpayers, including the Ta...
Progress
32% Bias Score
Accurate Tax Forms Prevent IRS Audits and Delays
To avoid IRS audits and ensure timely tax refunds, taxpayers must match income reported on forms like W-2s and 1099s with IRS records. Many forms arrive in January, but some may be delayed until February or March, necessitating proactive organization.
Accurate Tax Forms Prevent IRS Audits and Delays
To avoid IRS audits and ensure timely tax refunds, taxpayers must match income reported on forms like W-2s and 1099s with IRS records. Many forms arrive in January, but some may be delayed until February or March, necessitating proactive organization.
Progress
36% Bias Score
IRS Tax Extensions: Deadline, Implications, and Future Trends
The IRS offers tax extensions until October 15th for filing, but taxes are due April 15th; millions utilize this option annually, reflecting difficulties with timely filing; understanding the rules is critical to avoid penalties.
IRS Tax Extensions: Deadline, Implications, and Future Trends
The IRS offers tax extensions until October 15th for filing, but taxes are due April 15th; millions utilize this option annually, reflecting difficulties with timely filing; understanding the rules is critical to avoid penalties.
Progress
32% Bias Score