When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.
The final regulations on the sale of property seized by the IRS through a levy for nonpayment of taxes provide a long overdue ...
Massachusetts is famous for its world-renowned hospitals, universities, beautiful shoreline — and exorbitant taxes. Fed-up ...
The Internal Revenue Service on Friday announced the 2025 contribution limits for 401(k) and Individual Retirement ...
Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by ...
The Internal Revenue Service (IRS) has announced the cost-of-living adjustments to the applicable dollar limits for various ...
Fee increases may be discouraging taxpayers from seeking private letter rulings from the Internal Revenue Service to resolve ...
– Earned Income Tax Credits. For qualifying taxpayers who have three or more qualifying children, the tax year 2025 maximum Earned Income Tax Credit amount is $8,046, an increase from $7,830 for tax ...
David Leeper is a no-nonsense board-certified federal tax attorney with 45 years of experience in dealing with the Internal Revenue Service administratively and in litigation.
Beyond recalibrating the basic income tax brackets and deduction amounts, the adjustments also set the maximum amounts that ...