Internal Revenue Service

Taxes

Direct child tax credit checks start for thousands of Arizona families

Gilbert resident Lori Ament said she and her husband both work full time to support themselves and their 5-year-old son and are getting by. But not much more. “We can barely afford child care which my son needed, and some regular doctors’ appointments, which meant medical care copays,” Ament said. “And I didn’t have the

Taxes

IRS readies nearly 4 million refunds for unemployment compensation overpayments

The Internal Revenue Service announced today it will issue another round of refunds this week to nearly 4 million taxpayers who overpaid their taxes on unemployment compensation received last year. The American Rescue Plan Act of 2021, which became law in March, excluded up to $10,200 in 2020 unemployment compensation from taxable income calculations. The

Opinion

Opinion: IRS Says Biblical Teaching is Republican

In terms of popularity with the American people, the Internal Revenue Service (IRS) probably ranks somewhere between rush hour traffic and dysentery and only slightly above being stuck in rush hour traffic while experiencing dysentery. Just when you think the task of collecting taxes could not be more unpopular, the IRS found a way. In

Opinion

Opinion: This Tax Day, Lower Rates and Simplify the Code

Even though April 15 has come and gone, Tax Day is finally here. And now, more than three years after the passage of the Tax Cuts and Jobs Act, the vast majority of Americans continue to reap the economic benefits of tax reform. Estimates suggest 90 percent of taxpayers got a break on their taxes. Reduced business

Taxes

IRS Free File available; claim Recovery Rebate Credit and other tax credits

IRS Free File – online tax preparation products available at no charge – launched today, giving taxpayers an early opportunity to claim credits like the Recovery Rebate Credit and other deductions, the Internal Revenue Service announced. Leading tax software providers make their online products available for free as part of a 19-year partnership with the

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