Income taxes

The service admitted that some married taxpayers received erroneous notices for 2021 tax returns.

Senator Joe Manchin and Majority Leader Chuck Schumer have struck a deal on a tax, energy and climate bill, breaking a deadlock on the Democrats’ long-sought legislation to enact major parts of President Joe Biden’s agenda.

The West Virginia senator opposes changes to the state and local tax deduction.

Buyers’ criteria; EARN; marriage and accounting; and other highlights from our favorite tax bloggers.

Lawmakers introduced two bills that would affect the Child Tax Credit, the Lifetime Learning Credit and marijuana taxes.

A group of Senate Democrats is urging the Internal Revenue Service to extend the filing deadline for people with individual taxpayer identification numbers who have been affected by the massive processing delays at the IRS.

Elizabeth Warren and nearly two dozen colleagues in the Senate introduced legislation to enable more taxpayers to file their taxes online for free directly via the service.

The state and local tax deduction issue threatens to spark a showdown among Democrats as high-stakes Senate talks inch closer to a deal on President Biden’s economic agenda.

Congress has returned from recess this week to a packed agenda and not much time before their scheduled summer recess.

The Big Apple's estimated personal income-tax payments in June declined to the lowest level since 2017.

The government’s debt dynamics have strengthened thanks to recent improvements in the economy and increased revenue, according to credit assessor Fitch Ratings.

The service said that as of June 10, it had processed more than 4.5 million of the more than 4.7 million individual paper returns received in 2021.

Workers in the U.S. who are increasingly job-hopping these days risk making one of the biggest financial mistakes out there.

The Internal Revenue Service is providing guidance on how employers and employees can help Ukraine while also qualifying for tax relief on the donation program.

The service posted the new deputy chief taxpayer experience officer position on a federal jobs site, and announced plans to hire thousands of contact reps this summer.

A group of Democrats has asked the commission to investigate whether the identity verification company illegally misled consumers and government agencies.

In recent days, Biden and his aides have repeatedly cited Republican Senator Rick Scott’s “Rescue America” plan — from February.

The federal government’s deficit has shrunk by some $1.57 trillion, driven by record receipts from a strong economy and a slowdown in spending.

A research note from Barclays paints a picture of an exploding new industry that the IRS is struggling to hold to account. 

What to change; cash flow forecasting; the sales tax paradox; and other highlights from our favorite tax bloggers.