IRS gives update on tax refunds
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Treasury posted a lapsed appropriations contingency plan late last week that calls for the IRS to be fully staffed through Friday during the partial government shutdown.
The Internal Revenue Service is leveraging extra funding left over from the Inflation Reduction Act to keep running for the next few days during tax season.
Federal income tax returns for 2025 must be filed by April 15, 2026.
You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
President Trump is suing the IRS and Treasury Department for $10 billion, accusing them of failing to prevent a leak of his tax information to news outlets.
The Internal Revenue Service is cracking down on a specific category of income that many Americans are increasingly reliant on: side hustles. As of 2025, roughly 27% of American workers had some form of side income,
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