House Committee Obtains Former President’s Tax Records

Supreme Court refuses to block access to President Trump’s taxes. The Ways and Means Committee of the House of Representatives received clearance for the 2015 to 2020 tax…

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Chief Justice Issues Temporary Block of House Request

Congressional committee cannot access President Trump’s tax records while a review occurs. Supreme Court Chief Justice John Roberts temporarily blocked the House Ways and Means Committee from accessing…

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IRS Hires 4,000 Customer Service Reps

Being trained in taxpayer rights and technical account management.  The Internal Revenue Service announced that 4,000 additional customer service representatives have been hired and are being trained to…

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IRS to Increase Standard Deductions for 2023

They are responding to pressures of inflation.  The Internal Revenue Service announced Tuesday that it is raising the income threshold for all tax brackets and will also increase…

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IRS To Clear 2021 Backlog This Week

Treasury secretary calls for additional funding as the service continues to struggle. The Internal Revenue Service (IRS) said on Tuesday that, by the end of this week, they…

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IRS to Raise Interest Rates in April

They set new rates every quarter per federal code.  As of Friday, April 1, interest rates on amounts due to the Internal Revenue Service will increase for the…

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Treasury Department Announces IRS Backlog Strategy

Extra work from pandemic addressed with “aggressive plan.” The Department of the Treasury recently announced that they would be enacting an “aggressive plan” to catch up on heavily…

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IRS to Delay Tax Deadline

Taxpayers will have an additional month. The Internal Revenue Service is planning to delay the April 15 tax filing deadline by about one month, although they are still…

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President Trump’s Update on Current Actions

Department of Education and Treasure Department are making adjustments. President Trump reported he has been working with members of the Senate on the proposed $1 billion stimulus bill. He…

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You Have 90 More Days to Pay Taxes

IRS deferring payments without interest April 15 is the established day on which your taxes are due. But individuals and businesses will have an extra 90 days to…

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