Saturday, May 4, 2024

IRS updates tax gap estimates

Washington - The Internal Revenue Service today released a new set of tax gap estimates on tax years 2014 through 2016 showing...

IRS quickly moves forward with taxpayer service improvements

4,000 hired to provide more help to people during 2023 tax season on phones Washington - The Internal...

Employers urged to electronically file payroll tax returns by Oct. 31

Washington - The Internal Revenue Service today reminded employers to file the next quarterly payroll tax return by the approaching Oct. 31,...

401(k) limit increases to $22,500 for 2023, IRA limit rises to $6,500

Washington - The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2023 has increased...