Found 9 Matching Items; Displaying 1 - 9.
ABLE savings accounts and other tax benefits for persons with disabilities
Tax Tip 2025-19, March 20, 2025 — People with disabilities and their families can use Achieving a Better Life Experience accounts to help pay for qualified disability-related expenses.
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Woodland Hills brothers found guilty of fraudulently obtaining federal tax refunds and laundering proceeds through U.K. banks
June 29, 2023 — Two San Fernando Valley brothers have been found guilty by a jury of nearly a dozen felonies for fraudulently obtaining hundreds of thousands of dollars in federal income tax refunds, some of which they then laundered through bank accounts held in the United Kingdom, the Justice Department announced today.
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Small Business Health Care Tax Credit Questions and Answers: Calculating the Credit
Questions and answers on calculating the small business health care tax credit.
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Tax Time Guide: Things to consider when filing a 2022 tax return
IR-2023-32, Feb. 22, 2023 — With the 2023 tax filing season in full swing, the IRS reminds taxpayers to gather their necessary information and visit IRS.gov for updated resources and tools to help with their 2022 tax return.
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Get Ready for taxes: What's new and what to consider when filing in 2023
IR-2022-213, December 6, 2022 — The Internal Revenue Service encouraged taxpayers to take important actions this month to help them file their 2022 federal tax returns.
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Tax Time Guide 2025: Essentials needed for filing a 2024 tax return
IR-2025-23, Feb. 19, 2025 — As the 2025 tax filing season continues, the Internal Revenue Service encourages taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax returns.
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Home Foreclosure and Debt Cancellation
The Home Foreclosure and Debt Cancellation provision applies to debt forgiven in calendar years 2007 through 2016. Up to $2 million of forgiven debt is eligible for this exclusion ($1 million if married filing separately). The exclusion doesn’t apply if the discharge is due to services performed for the lender or any other reason not directly related to a decline in the home’s value or the taxpayer’s financial condition.
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Former congressman George Santos pleads guilty to fraud and identity theft
Aug. 19, 2024 — Former U.S. representative George Anthony Devolder Santos pleaded guilty today to committing wire fraud and aggravated identity theft.
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IRS ramps up new initiatives using Inflation Reduction Act funding to ensure complex partnerships, large corporations pay taxes owed, continues to close millionaire tax debt cases
IR-2024-09, Jan. 12, 2024 — The Internal Revenue Service announced today continued progress to expand enforcement efforts related to high-income individuals, large corporations and complex partnerships as part of wider efforts to transform the agency.
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