The IRS is making other fundamental changes to liens in cases where taxpayers enter into a Direct Debit Installment Agreement (DDIA). For taxpayers with unpaid assessments of $25,000 or less,…

The IRS will significantly increase the dollar thresholds when liens are generally filed. The new dollar amount is in keeping with inflationary changes since the number was last revised. Currently,…

WASHINGTON — In its latest effort to help struggling taxpayers, the Internal Revenue Service today announced a series of new steps to help people get a fresh start with their…

Health coverage for an employee’s children under 27 years of age is now generally tax-free to the employee. This expanded health care tax benefit applies to various work place and…

Eligibility Rules Providing health care coverage. A qualifying employer must cover at least 50 percent of the cost of health care coverage for some of its workers based on the…

IRS Announces Dirty Dozen Tax Scams for 2011 Tax Cheaters Tend to Be Young, Single Men How a Government Shutdown Affects Your Tax Refund Lil Wayne Hit With a $5.6…

The IRS gets information from third parties and matches this information to you through its computers.Stay one step ahead by being extra careful to report on your tax return what…

If you’re one of the hundreds of thousands of taxpayers who wait until the last minute to file your taxes, make a note: The IRS has just announced that the…

Reciprocal agreements allow residents of one state to work in a neighboring state while only paying income taxes to their state of residency. This simplifies tax time for people who…

Reciprocity means that two or more states have agreed to exempt the earned income of residents of neighboring states from income taxes. These reciprocal agreements make it possible for residents…