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IRS - U.S. Internal Revenue Service
US News
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Naveen Athrappully
IRS Raises 2024 Employee FSA Contribution Limit to $3,200
FSAs can be used to meet medical expenses like prescription medications and dental care that may not be covered under health plans.
Dec 10, 2023
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Naveen Athrappully
22 hours
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US News
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Naveen Athrappully
IRS Appeals Office Seeks to Improve Taxpayer Dispute Resolution Programs
The use of alternative dispute resolution (ADR) programs fell by 65 percent between fiscal years 2013 and 2022, according to a report.
Dec 09, 2023
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Naveen Athrappully
Dec 09
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US News
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Naveen Athrappully
IRS Touts Same 'Secret Weapon' Against Identity Theft That Got Hacked Previously
The IRS temporarily suspended the ‘secret weapon’ back in 2016 amid a security review following the hacking.
Nov 30, 2023
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Naveen Athrappully
Nov 30
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US News
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Naveen Athrappully
Holiday Scams: IRS Releases Common Identity Theft Schemes, Precautions for Shoppers
Scammers use stolen identities of taxpayers to file fraudulent returns and claim tax refunds.
Nov 28, 2023
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Naveen Athrappully
Nov 28
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US
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Naveen Athrappully
IRS Offering Taxpayers Special Tax Credit in 2024
Individuals making less than $36,500 annually can save up to $1,000 in taxes if they contribute toward their retirement.
Nov 23, 2023
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Naveen Athrappully
Nov 23
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US News
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Naveen Athrappully
‘New Years’ Nightmare’: IRS Targets Gig Workers, Sends 30 Million New Tax Forms
The agency is charging new taxes on Americans who make a side income of more than $600 from activities like online selling or freelance work.
Nov 20, 2023
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Naveen Athrappully
Nov 20
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US News
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Naveen Athrappully
IRS Advises Taxpayers to ‘Get Ready’ for Filing 2023 Income Tax
Delays in filing or paying income tax can attract a penalty of up to 25 percent on unpaid taxes.
Nov 15, 2023
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Naveen Athrappully
Nov 15
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US News
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Naveen Athrappully
IRS Reveals Newly Revised Retirement Contribution Limits for 2024
The new changes allow 401(k) participants aged 50 and above to contribute up to $30,500 towards their retirement.
Nov 01, 2023
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Naveen Athrappully
Nov 01
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US
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Naveen Athrappully
IRS Funding Cuts Would Be ‘Budget-Busting Gift to Terrorists and Tax Cheats’: Sen. Ron Wyden
The GOP has proposed reducing the Internal Revenue Service (IRS) budget to fund $14.3 billion in aid to Israel.
Oct 31, 2023
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Naveen Athrappully
Oct 31
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US News
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Naveen Athrappully
IRS Promotes Electronic Filing of Payroll Tax
The tax agency encouraged employers to file their next quarterly payroll tax return electronically by Oct. 31, 2023.
Oct 26, 2023
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Naveen Athrappully
Oct 26
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