IRS Announces Inflation-Adjusted Figures for 2024
We have the new tax brackets and other updated figures.
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general taxation
IRS Announces 2024 Direct File Pilot
IRS has announced a 2024 pilot for a program that will make it possible to prepare and file returns directly with the IRS.
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IRS First Responder?
Here’s how long it took for the IRS to respond to Hurricane Idalia.
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Pay Up Or Else
Putting off those pesky estimated tax payments is a lot more expensive now.
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Knock Knock, Who’s There, Not the IRS
Gone are the days when they’ll just drop by for a friendly visit.
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11 Seconds Late
A taxpayer’s case was thrown out of Tax Court because his petition was 11 seconds late.
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Biden’s Proposed Wealth Tax
A new budget proposal from President Biden includes a kind of wealth tax. There’s no need for alarm: it would apply only to taxpayers with more than $100 million in wealth. Besides, there is zero chance Congress will actually pass a budget that includes this provision. It’s there as a way to provoke debate on
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