Here's how much you can make in 2024 and still pay 0% capital gains taxes
CNBC » Internal Revenue Service
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2w ago
Inflation boosted the capital gains tax brackets for 2024. Here's how much you can make to pay 0% capital gains taxes on investments ..read more
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Yellen: Republicans' IRS funding cut would hurt customer service goals
CNBC » Internal Revenue Service
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2w ago
Treasury Secretary Janet Yellen on Tuesday announced IRS goals for the 2024 tax filing season. Here's what taxpayers can expect ..read more
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IRS announces 2024 retirement account contribution limits: $23,000 for 401(k) plans, $7,000 for IRAs
CNBC » Internal Revenue Service
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3w ago
The IRS has increased the 401(k) plan contribution limits for 2024, allowing employees to defer up to $23,000 into workplace plans, up from $22,500 in 2023 ..read more
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How one company cashed in on a tax credit meant to save businesses during Covid
CNBC » Internal Revenue Service
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1M ago
Innovation Refunds is among the companies that cashed in on helping small businesses apply for the Employee Retention Credit ..read more
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What to know as IRS kicks off withdrawal option for pandemic-era small business tax credit
CNBC » Internal Revenue Service
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1M ago
The IRS has announced a special withdrawal process for small businesses that wrongly claimed the employee retention tax credit. Here's what to know ..read more
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IRS unveils 'special withdrawal process' for small businesses that claimed pandemic-era tax credit
CNBC » Internal Revenue Service
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1M ago
The IRS on Thursday announced a special withdrawal process for small businesses that may have wrongly claimed the so-called employee retention tax credit ..read more
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Former IRS contractor pleads guilty to leaking Trump tax records
CNBC » Internal Revenue Service
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1M ago
Charles Littlejohn, 38, pleaded guilty to one count of disclosure of tax return and return information at a brief hearing in federal court ..read more
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IRS says Microsoft owes an additional $29 billion in back taxes
CNBC » Internal Revenue Service
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1M ago
Microsoft said the IRS notified the company it owes an additional $28.9 billion in back taxes ..read more
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The battle between tax pros and social media: Many apps offer unreliable tax advice, experts say
CNBC » Internal Revenue Service
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2M ago
Tax professionals are battling misinformation spread by influencers via TikTok videos. Here's what taxpayers need to know ..read more
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IRS to target 'unscrupulous' tax preparers amid crackdown of small business tax credit
CNBC » Internal Revenue Service
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2M ago
The IRS has unveiled plans to crack down on tax preparers with "questionable practices" as it elevates scrutiny of a small business tax credit ..read more
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