TAX NEWS
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- Democratic Senators warn that Treasury Secretary Scott Bessent’s legal authority to serve as Acting IRS Commissioner appears to have run out.
- Tax refunds are about 10% larger so far this year, but many filers will have to wait longer for their money due to changes related to paper checks.
- International entrepreneurs with U.S. LLCs must navigate IRS tax season deadlines, Form 5472 reporting rules, and key …
- Lawmakers say that more than 800,000 taxpayers could receive CP53E notices tied to the phaseout of paper checks, potentially delaying some refunds for over 10 weeks.
- Operating a business on the side can give you valuable tax deductions as well as extra income. However, the Internal Revenue Service (IRS) decides if the business is actually a hobby or not. If the …
- Some taxpayers are experiencing tax refund delays during the 2026 filing season. Here are the most common reasons refunds may take longer and how to check your status.
- The IRS is operating with roughly 27% fewer employees this tax filing season than it did last year. And, last July, a major new tax law took effect, containing many new provisions affecting …
- These tax scams promise big tax refunds to those who claim oddball credits. IRS warns that inaccurate claims trigger delays of legitimate refunds.
- As of late February, the average refund reached $3,742, up from $3,382 during the equivalent period in 2025.
- Officials say the move is designed to ease the filing process as the spring tax deadline approaches nationwide.