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The IRS Starts New Tax Rule for Venmo, PayPal and CashApp. What You Need to Know
The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals ...
When is the IRS accepting tax returns? Details to know for 2025 tax season
Taxpayers can now start filing their income tax returns for 2024. The Internal Revenue Service started accepting federal ...
Trump proposes abolishment of federal income tax, bringing US back to 'richest period' in history
President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...
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IRS Implements New Tax Reporting Rules for Payment Apps: What You Need to Know
The IRS has introduced significant changes affecting millions of taxpayers using payment apps like Venmo, Cash App, and ...
‘Back to the Old Days’? What’s Wrong With Trump’s Plan to Abolish Income Tax
The likelihood of Trump eliminating income tax and the IRS remains low, but the ongoing debate highlights the need for tax ...
When Paying More Tax, Not Less, Is the Smart Play
Taxpayers should consider whether strategically “accelerating” their income—and paying tax on it—can reduce what they’ll owe ...
IRS Tax Filing Season Opens: What You Need To Know
Taxpayers will have until April 15 in most states to file and pay their federal tax returns as the IRS is accepting returns ...
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New IRS income thresholds for 2025: Changes to consider this year
In a move to counteract inflation, the IRS has announced adjustments to the tax brackets for 2025, increasing income ...
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Tax Refund: The benefits of EITC and CalEITC this year
Tax season in the United States is not just about fulfilling a fiscal obligation; it's a chance to tap into significant ...