U.S. Sen. Bernie Moreno introduces bill to fund Trump’s External Revenue Service
WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding ...
Accounting Today12h
IRS starts tax season with hiring freeze and rescinded job offers
The IRS kicked off tax season facing a hiring freeze imposed by President Trump in an executive order and uncertainty over ...
WAND13h
The start of tax season is here. Here's what to know
The Internal Revenue Service will begin accepting tax returns on Monday, Jan. 27, the agency announced earlier this month.
Trump says he may send nearly 90,000 newly hired IRS agents to border after issuing indefinite hiring freeze
The 47th commander in chief told a boisterous crowd of supporters that he could also fire the IRS employees, many of whom had ...
Tax credits and deductions: What you need to know for 2024 tax filing
The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...
JD Supra10h
Treasury and IRS Release Final Hydrogen Production Tax Credit Regulations
On January 3, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Regulations) ...
2025 Tax Season Changes: What are the modifications to consider before filing your return?
The Internal Revenue Service (IRS) announced the annual inflation adjustments for fiscal year 2025. The PDF of Revenue ...
Here's when the IRS says you can start filing your taxes this year
The agency announced a series of expanded and new programs designed to aid the tax filing process as a part of a ...
JD Supra5d
Inflation Reduction Act Guidance: IRS and Treasury Release Final Regulations on the New Tech-Neutral Clean Energy Tax Credits
On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...
Upstream6d
Trump takes first swing at Inflation Reduction Act with funding pause
Amid a flurry of executive actions upon his inauguration Monday, US President Donald Trump took aim at the subsidies in the ...
Trump issues shock threat to 90,000 new IRS staff as he reveals where they may end up working under him
President Donald Trump has revealed what could be the fate of nearly 90,000 newly hired Internal Revenue Service (IRS) staff ...
The National Interest3d
Internal Revenue Service
As you may have heard, the Inflation Reduction Act, the legislation signed into law by President Joe Biden earlier month, mandates $80 billion in new funding for the Internal Revenue ...