#self-assessment-taxpayers

[ follow ]
#irs
US politics
fromThe Atlantic
54 minutes ago

So Nobody Is Going to Pay Taxes Now?

Congress is spending $7 trillion annually, leading to inflation and long-term financial risks, while public sentiment against taxes grows.
Remote teams
fromNextgov.com
4 days ago

IRS lacks transparent plans to leverage tech in the face of staffing cuts, GAO and employees say

The IRS aims to modernize technology while reducing staff, but lacks transparency and clarity in its long-term plans.
Retirement
fromEntrepreneur
1 week ago

More Taxpayers Are Cheating. Here's Why 'The IRS Isn't Going to Catch Me' Is the New Strategy.

IRS workforce reductions lead to decreased audits and increased taxpayer noncompliance, costing the government significantly in revenue.
Retirement
fromUSA TODAY
1 month ago

IRS tax forgiveness requirements: Who qualifies and how it works

The IRS offers various tax relief options, not a single 'tax forgiveness' program, based on individual financial situations.
US politics
fromThe Atlantic
54 minutes ago

So Nobody Is Going to Pay Taxes Now?

Congress is spending $7 trillion annually, leading to inflation and long-term financial risks, while public sentiment against taxes grows.
Remote teams
fromNextgov.com
4 days ago

IRS lacks transparent plans to leverage tech in the face of staffing cuts, GAO and employees say

The IRS aims to modernize technology while reducing staff, but lacks transparency and clarity in its long-term plans.
Retirement
fromEntrepreneur
1 week ago

More Taxpayers Are Cheating. Here's Why 'The IRS Isn't Going to Catch Me' Is the New Strategy.

IRS workforce reductions lead to decreased audits and increased taxpayer noncompliance, costing the government significantly in revenue.
Retirement
fromUSA TODAY
1 month ago

IRS tax forgiveness requirements: Who qualifies and how it works

The IRS offers various tax relief options, not a single 'tax forgiveness' program, based on individual financial situations.
#tax-deductions
Retirement
fromYahoo Finance
1 week ago

ATO tax deductions Aussies are being urged to sort out now: 'Meaningful difference'

Preparing tax deductions before June 30 can significantly improve refunds and streamline the tax return process.
Retirement
fromYahoo Finance
1 week ago

ATO tax deductions Aussies are being urged to sort out now: 'Meaningful difference'

Preparing tax deductions before June 30 can significantly improve refunds and streamline the tax return process.
#tax-compliance
Deliverability
fromFortune
1 month ago

Americans spend $146 billion and 11.6 billion hours doing their taxes, and most of it is just filling out paperwork | Fortune

Tax compliance costs Americans $146 billion in 2026, averaging $576 per person in labor and $288 in additional expenses.
fromIndependent
2 months ago
Miscellaneous

'A lot of content creators stick their head in the sand about tax issues but it's really not that scary'

Deliverability
fromFortune
1 month ago

Americans spend $146 billion and 11.6 billion hours doing their taxes, and most of it is just filling out paperwork | Fortune

Tax compliance costs Americans $146 billion in 2026, averaging $576 per person in labor and $288 in additional expenses.
fromIndependent
2 months ago
Miscellaneous

'A lot of content creators stick their head in the sand about tax issues but it's really not that scary'

US politics
fromAbove the Law
3 days ago

US Going Deeper Into The Red Now That The IRS Is Sharing Tax Data With ICE - Above the Law

Immigrants significantly contribute to the US economy, helping to offset national debt and budget deficits despite lower hourly wages.
#tax-filing
Non-profit organizations
fromFortune
1 week ago

Over 140,000 happy users last year, 0 this year: How big tax prep crushed the IRS's free filing tool | Fortune

The Direct File program, aimed at simplifying tax filing, was discontinued due to lobbying by tax preparation companies.
Bootstrapping
fromEntrepreneur
2 weeks ago

Behind on Your Taxes? 4 Smart Moves to Avoid Penalties Before April 15

File an extension to avoid penalties and use strategic tax planning to reduce your tax burden.
Non-profit organizations
fromFortune
1 week ago

Over 140,000 happy users last year, 0 this year: How big tax prep crushed the IRS's free filing tool | Fortune

The Direct File program, aimed at simplifying tax filing, was discontinued due to lobbying by tax preparation companies.
Bootstrapping
fromEntrepreneur
2 weeks ago

Behind on Your Taxes? 4 Smart Moves to Avoid Penalties Before April 15

File an extension to avoid penalties and use strategic tax planning to reduce your tax burden.
#tax-refunds
US Elections
fromFast Company
1 month ago

Your tax refund could be delayed-and the IRS says you need to act fast

1.4 million Americans may face delays in tax refunds due to the phase-out of paper checks by the federal government.
Retirement
fromIrish Independent
1 month ago

Revenue urges taxpayers to claim back money they are owed via MyAccount

Revenue has paid €637m in tax refunds to over 661,000 taxpayers this year, with average refunds of €964, but significantly more money remains available to PAYE workers through unclaimed tax reliefs.
US Elections
fromFast Company
1 month ago

Your tax refund could be delayed-and the IRS says you need to act fast

1.4 million Americans may face delays in tax refunds due to the phase-out of paper checks by the federal government.
Retirement
fromIrish Independent
1 month ago

Revenue urges taxpayers to claim back money they are owed via MyAccount

Revenue has paid €637m in tax refunds to over 661,000 taxpayers this year, with average refunds of €964, but significantly more money remains available to PAYE workers through unclaimed tax reliefs.
Real estate
fromwww.housingwire.com
1 week ago

Tax reform and real estate, key deductions still matter

Pro-growth tax policy is yielding tangible benefits for homeowners and small businesses, reflecting the impact of recent tax reforms.
Digital life
fromFast Company
1 week ago

This new website is like Spotify Wrapped for your tax dollars

Tax Wrapped provides a personalized breakdown of individual tax contributions to federal spending, enhancing financial literacy in a user-friendly format.
California
fromKqed
1 week ago

Undocumented Families Are Stepping Back from the Tax System This Year | KQED

Los Angeles Unified School District reached a tentative agreement with unions, allowing 400,000 students to return to school and includes wage increases and expanded benefits.
US Elections
fromFast Company
2 weeks ago

This overlooked tax detail could make today your real deadline

Tax returns mailed to the IRS must be postmarked by April 15, with potential delays due to USPS operations.
#tax-preparation
Artificial intelligence
fromABC7 San Francisco
2 weeks ago

Rushing to file your taxes? Read these last-minute tips, plus how to file for an extension

General-use AI platforms are not reliable for personal tax questions and preparation due to lack of specific training for tax compliance.
US politics
fromThe Nation
1 month ago

Have You Paid Your "Intuit Tax"?

Oligarchs manipulate tax preparation systems to impose private taxes, increasing costs for taxpayers and protecting their monopolies.
Artificial intelligence
fromABC7 San Francisco
2 weeks ago

Rushing to file your taxes? Read these last-minute tips, plus how to file for an extension

General-use AI platforms are not reliable for personal tax questions and preparation due to lack of specific training for tax compliance.
US politics
fromThe Nation
1 month ago

Have You Paid Your "Intuit Tax"?

Oligarchs manipulate tax preparation systems to impose private taxes, increasing costs for taxpayers and protecting their monopolies.
#taxes
Yoga
fromYogaRenew
4 weeks ago

How to File Taxes as a Yoga Teacher

Yoga teachers should understand their work status, track income, deduct expenses, and set aside money for taxes when filing.
San Francisco
fromPadailypost
2 weeks ago

Opinion: How to convince voters to raise taxes? Cry wolf

Bay Area leaders are using fear tactics to push for a half-cent sales tax increase for mass transit, framing it as a citizen initiative.
US politics
fromThe Atlantic
1 week ago

America's Insane Tax-Filing Process

The U.S. tax system requires individuals to file taxes themselves despite the IRS having most necessary information.
#tax-strategy
Bootstrapping
fromEntrepreneur
2 weeks ago

4 Tax Strategies for Entrepreneurs to Reduce Their Tax Bill and Increase Cash Flow

The right business structure and overlooked deductions can save entrepreneurs thousands annually.
Retirement
from24/7 Wall St.
3 weeks ago

The 401(k) Move Executives Make Every December to Shield Their Bonus From Taxes

Executives can reduce taxable income from bonuses through 401(k) contributions and Nonqualified Deferred Compensation plans.
Bootstrapping
fromEntrepreneur
1 month ago

5 Tax Moves Entrepreneurs Should Make in 2026 to Build Wealth and Protect Their Estate

Entrepreneurs must proactively update tax strategies in 2025 to capitalize on new federal tax law changes, requiring qualified advisors and strategic moves like real estate investments and entity structure optimization.
Humor
fromAbove the Law
3 weeks ago

Don't Write 'April Fools' On Your Tax Return Or Try A Trump-Protest Stunt Because The IRS Won't Be Laughing - Above the Law

Filing incorrect tax returns as a protest is illegal and can lead to serious consequences.
#irs-direct-file
US politics
fromThe Verge
1 week ago

The Senate is voting to save free IRS Direct File today

The Senate is set to vote on the IRS Direct File Act to reinstate free tax filing services for Americans.
US politics
fromThe Verge
1 week ago

The Senate is voting to save free IRS Direct File today

The Senate is set to vote on the IRS Direct File Act to reinstate free tax filing services for Americans.
Law
from24/7 Wall St.
3 weeks ago

Dave Ramsey Tells Tutor With $24,000 IRS Debt to Pay the Government First in Her $94,000 Debt Snowball

Prioritize IRS debt over other debts due to its unique enforcement powers and penalties.
Retirement
from24/7 Wall St.
3 weeks ago

3 Ways To Avoid Paying Taxes On Your Social Security Benefits

Social Security benefits may be taxed based on combined income, with low thresholds that haven't adjusted for inflation.
fromABC7 San Francisco
1 month ago

Taxes 2026: 7 On Your Side, tax experts answer viewer questions

7 On Your Side and a team of tax experts will answer your questions about changes to the tax law, new deductions, deadlines, and much more.
Podcast
fromEntrepreneur
1 month ago
Bootstrapping

How to Slash Your Tax Bill by Changing Your Business Structure

Tax season is an opportunity for entrepreneurs to reassess their business structure for alignment with current goals and future growth.
UK politics
fromBusiness Matters
1 month ago

HMRC interest 'double standards' branded unfair as taxpayers face higher charges than rebates

HMRC charges taxpayers 7.75% interest on late payments but pays only 2.75% on refunds, creating a structurally unfair system with no equivalent penalties for HMRC delays.
Privacy professionals
fromFast Company
1 month ago

This tax season is bringing a 'deluge' of scams. Here's how to protect yourself

Robocalls, texts, and phishing emails from scammers surge during tax season, with AI amplifying fraud attempts and identity theft risks.
Retirement
from24/7 Wall St.
1 month ago

Here's exactly what Social security retirees need to do to qualify for the new tax deduction

The One Big Beautiful Bill Act introduces a new tax deduction for retirees, reducing taxable income and potentially lowering taxes on Social Security benefits.
Artificial intelligence
fromEntrepreneur
1 month ago

If You Plan to Use ChatGPT or Claude to File Your Taxes, Experts Warn 'It Is Definitely Going to Create Issues'

Chatbots frequently make mistakes with tax returns, providing misinformed advice and misreading digits, according to tax experts.
US politics
fromThe Atlantic
1 month ago

The IRS Is in Trouble

The IRS, weakened by budget cuts and staff reductions from over 100,000 to 81,000 employees, faces significant challenges in collecting taxes and processing returns for the 2026 filing season.
Retirement
fromABC7 San Francisco
1 month ago

Is there really no tax on tips, overtime, and Social Security? Here's what to know

The new tax law offers potential benefits, but many conditions and income thresholds affect actual tax liabilities for seniors and others.
#home-office-deduction
fromMoneyMade
2 months ago
Business

For years, my Dad told me I couldn't claim my home-office as a tax deduction. Now my accountant tells me I can. Who's right?

fromAol
2 months ago
Business

This Potentially Lucrative Tax Break May Be Off the Table for You This Year

fromMoneyMade
2 months ago
Business

For years, my Dad told me I couldn't claim my home-office as a tax deduction. Now my accountant tells me I can. Who's right?

fromAol
2 months ago
Business

This Potentially Lucrative Tax Break May Be Off the Table for You This Year

Bootstrapping
fromEntrepreneur
1 month ago

Think an S-Corp Saves You Money? Think Again

S-corp tax savings require consistent high income, defensible salary optimization, and careful analysis of compliance costs, QBI deductions, and retirement contributions to determine actual benefit.
from24/7 Wall St.
1 month ago

Stacked Up Some Massive Capital Gains? 3 Ways to Take Some Chips Off The Table Tax-Efficiently

The key to selling underperforming holdings at a loss and using those losses to cancel out capital gains on a dollar-for-dollar basis is to bring one's capital gains level down as close as possible to zero. Additionally, it's possible to use $3,000 of capital losses per year to offset other ordinary income, so there's the potential here with such a strategy to actually lower one's overall tax burden by selling the right securities at the correct time.
Miscellaneous
fromWIRED
2 months ago

I Tried H&R Block's DIY Tax Service. Here's Who'll Benefit From It

Throughout, there's a Virtual Assistant chatbot if you need to ask questions or get help, which gives me extra peace of mind. Plus, it's included with the DIY service, which saves me a bunch of money, rather than going with one of the options that includes a real tax expert to look over things. H&R Block's service asks lots of questions related to potential tax breaks,
Healthcare
fromSecuritymagazine
2 months ago

How AI Could Impact Tax Season Security This Year

Tax season is stressful for many, making it an ideal time for scammers to target unsuspecting and distracted taxpayers. Awareness is our first, and best, line of defense. Criminals often pose as the IRS, payroll companies, tax preparation services, or even trusted financial institutions in an effort to steal money and sensitive information.
Information security
fromwww.npr.org
1 month ago

Helpful or harmful? How to vet tax advice from social media

The person that does get audited does not just get slapped on the hand. You could end up paying penalties and interest in addition to what you owe. In extreme cases, you could also be prosecuted. This tax season, take the time to vet any tax advice you're considering.
Law
New York City
fromBrooklyn Eagle
2 months ago

Mamdani kicks off free tax prep season for NYC residents

New York City offers free in-person and virtual tax preparation for residents and workers earning up to $97,000 (family) or $68,000 (individual/couple), Jan. 26–Apr. 15.
Law
fromFast Company
1 month ago

The IRS may owe you money from the pandemic years - but you have to claim it

A federal court ruling may entitle taxpayers to refunds for penalties or interest incorrectly charged by the IRS between January 20, 2020 and July 11, 2023 during the Covid pandemic emergency period.
Business
fromEntrepreneur
2 months ago

4 Audit Triggers To Avoid For Entrepreneurs and High Income Individuals

High-income taxpayers who file Schedule C or claim aggressive deductions face heightened IRS audit risk and must maintain accurate, consistent records to reduce exposure.
#tax-planning
fromMoneyLion
1 month ago
Retirement

Tax Questions Middle-Class Americans Should Ask

Middle-class Americans should actively review income changes, withholding amounts, and pre-tax contributions annually to avoid missed deductions, unexpected tax bills, and lost refunds.
fromSubstack
2 months ago
Retirement

Stop Thinking About Taxes As an April Problem

Treat taxes as year-round automated maintenance: organize documents, do projections, save for payments, make estimated payments, hire a CPA, and file extensions strategically.
Retirement
fromMoneyLion
1 month ago

Tax Questions Middle-Class Americans Should Ask

Middle-class Americans should actively review income changes, withholding amounts, and pre-tax contributions annually to avoid missed deductions, unexpected tax bills, and lost refunds.
Remote teams
fromYahoo Finance
1 month ago

Canadians may be missing a tax deduction

Work-from-home tax relief methods changed after 2022; employees must now use detailed calculation methods instead of the temporary flat-rate approach to claim home office expenses.
Bootstrapping
fromEntrepreneur
1 month ago

Avoid These Tax Pitfalls When Expanding Your Startup Overseas

U.S. entrepreneurs expanding internationally must plan early and obtain expert advice to avoid unexpected tax obligations, compliance requirements, and permanent establishment issues in foreign countries.
Business
from24/7 Wall St.
2 months ago

High Earners Who Pay 37% to the IRS Actually Have an Easy Workaround Now | PZA

PZA provides federally tax-exempt, AMT-free municipal-bond income (about 3.9% yield) that preserves after-tax yield for high-bracket investors versus taxable bonds.
US politics
fromFast Company
2 months ago

Cut your 2025 tax bill with these 4 smart moves

OBBBA creates temporary tax breaks through 2028–2029, raises SALT cap to $40,000 (2025–2029), and adds limited above-the-line deductions with strict income phaseouts.
Retirement
from24/7 Wall St.
1 month ago

Filing Your Taxes? Here's The Truth About Changes to Social Security Tax Changes

Social Security benefit taxation rules remain unchanged despite claims of tax relief; provisional income thresholds still determine taxability of benefits in 2026.
#irs-staffing
fromNextgov.com
2 months ago
US politics

'Setting this agency up for failure': Amid staffing crunch, IRS taps employees with no relevant experience to assist during filing season

fromNextgov.com
2 months ago
US politics

'Setting this agency up for failure': Amid staffing crunch, IRS taps employees with no relevant experience to assist during filing season

US politics
fromwww.mercurynews.com
2 months ago

How to use IRS Free File, and other ways to file your 2026 taxes free online

Direct File discontinued; taxpayers can still file free via Free File (income limits), Free File Fillable, MilTax, CalFile, IRS volunteer programs or paper forms.
Retirement
fromSubstack
2 months ago

Ode to the SEP IRA

SEP IRA is a simple, high-benefit retirement account for freelancers and business owners that lowers taxable income and requires minimal effort.
US politics
fromFuturism
1 month ago

Using AI to Do Your Taxes Is Likely to Backfire Spectacularly

AI chatbots consistently miscalculate taxes by over $2,000 on average and struggle with precise form completion due to the intricate details required in tax filing.
US politics
fromNextgov.com
1 month ago

IRS CEO largely dodges questions about data sharing at IRS, SSA

A federal judge found the IRS unlawfully shared taxpayer data with ICE, disclosing addresses of 42,695 people in violation of law, with no IRS employees disciplined.
[ Load more ]