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
IRS to Send $1,400 Stimulus Payments to 1 Million Taxpayers
The IRS will automatically send up to $1,400 to about 1 million taxpayers who qualified for but didn't claim 2021 Covid-19 stimulus payments; payments will arrive by late January 2025, unless taxpayers must file a 2021 tax return by April 15, 2025 to claim the credit.
IRS to Send $1,400 Stimulus Payments to 1 Million Taxpayers
The IRS will automatically send up to $1,400 to about 1 million taxpayers who qualified for but didn't claim 2021 Covid-19 stimulus payments; payments will arrive by late January 2025, unless taxpayers must file a 2021 tax return by April 15, 2025 to claim the credit.
Progress
36% Bias Score
IRS to Issue Automatic Payments of up to $1,400 to 1 Million Taxpayers
The IRS will issue automatic payments of up to \$1,400 to approximately 1 million eligible taxpayers who did not claim the 2021 Recovery Rebate Credit, totaling about \$2.4 billion, starting in December and arriving by late January via direct deposit or mail.
IRS to Issue Automatic Payments of up to $1,400 to 1 Million Taxpayers
The IRS will issue automatic payments of up to \$1,400 to approximately 1 million eligible taxpayers who did not claim the 2021 Recovery Rebate Credit, totaling about \$2.4 billion, starting in December and arriving by late January via direct deposit or mail.
Progress
40% Bias Score
IRS to Send \$2.4 Billion in Automatic Payments to 1 Million Taxpayers
The IRS will automatically send approximately \$2.4 billion in payments of up to \$1,400 to one million taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns, with payments arriving by late January 2025.
IRS to Send \$2.4 Billion in Automatic Payments to 1 Million Taxpayers
The IRS will automatically send approximately \$2.4 billion in payments of up to \$1,400 to one million taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns, with payments arriving by late January 2025.
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 to Automatically Send $2.4 Billion in 2021 Recovery Rebate Credit Payments
The IRS will automatically send $2.4 billion in 2021 Recovery Rebate Credit payments to one million eligible taxpayers by late January 2024, who did not claim the credit on their 2021 tax returns, due to the complexity of the credit.
IRS to Automatically Send $2.4 Billion in 2021 Recovery Rebate Credit Payments
The IRS will automatically send $2.4 billion in 2021 Recovery Rebate Credit payments to one million eligible taxpayers by late January 2024, who did not claim the credit on their 2021 tax returns, due to the complexity of the credit.
Progress
36% Bias Score
IRS to Send \$2.4 Billion in COVID Stimulus Payments to 1 Million Taxpayers
The IRS will automatically send up to \$1,400 to approximately 1 million taxpayers who missed claiming the Recovery Rebate Credit on their 2021 tax returns, totaling \$2.4 billion in payments to rectify previous COVID-19 stimulus underpayments.
IRS to Send \$2.4 Billion in COVID Stimulus Payments to 1 Million Taxpayers
The IRS will automatically send up to \$1,400 to approximately 1 million taxpayers who missed claiming the Recovery Rebate Credit on their 2021 tax returns, totaling \$2.4 billion in payments to rectify previous COVID-19 stimulus underpayments.
Progress
36% Bias Score
IRS to Issue $2.4 Billion in Automatic Payments for Unclaimed Stimulus Credits
The IRS will issue automatic payments totaling roughly $2.4 billion to approximately 1 million taxpayers who did not claim the 2021 Recovery Rebate Credit, a refundable credit for those who didn't receive stimulus checks, with a maximum payment of $1,400 per individual.
IRS to Issue $2.4 Billion in Automatic Payments for Unclaimed Stimulus Credits
The IRS will issue automatic payments totaling roughly $2.4 billion to approximately 1 million taxpayers who did not claim the 2021 Recovery Rebate Credit, a refundable credit for those who didn't receive stimulus checks, with a maximum payment of $1,400 per individual.
Progress
36% Bias Score
NY Tax Preparer Pleads Guilty to $145 Million Fraud
New York tax preparer Rafael Alvarez pleaded guilty to filing tens of thousands of false tax returns, costing the government $145 million over a decade; he faces up to eight years in prison and must pay restitution.
NY Tax Preparer Pleads Guilty to $145 Million Fraud
New York tax preparer Rafael Alvarez pleaded guilty to filing tens of thousands of false tax returns, costing the government $145 million over a decade; he faces up to eight years in prison and must pay restitution.
Progress
52% Bias Score