Badass Tax Guys
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IRS looking to introduce new program that could erase cash tipping altogether
BY Josh Bowering MARCH 15, 2023 / at 4:28 PM PDT / KWTX WACO, Texas (KWTX) - The opportunity to leave a monetary tip for service is becoming more apparent when out shopping, and the IRS has taken notice. It’s called the service industry tip compliance agreement, or...
5 common tax myths to know before filing your return
BY Sharon Epperson MARCH 15, 2023 / TODAY You may have heard that many taxpayers are in for a big surprise this tax season if they’re banking on a big refund check — or one that’s even close to the amount they received last year — but that’s more of a “tax myth” than...
5 Financial Tips for Young Adults
As a young adult, it's easy to get caught up in the excitement of starting a career, exploring new opportunities, and building your future. However, it's also important to start thinking about your financial well-being early on. Money may not be the most glamorous...
IRS tax audits ‘target and burden lower-income families,’ say tax experts
BY Rebecca Chen MARCH 12, 2023 / at 7:27 AM PDT / Yahoo Finance The underfunded Internal Revenue Service has been relying on ancient technology to generate paper audits that target tax benefits, such as the Earned Income Tax Credit, for lower-income households. The...
These bogus “tax hacks” can lead to serious trouble with the IRS
BY AIMEE PICCHI MARCH 8, 2023 / 5:22 AM / MONEYWATCH A so-called tax hack touted on social media could get you into big trouble with the IRS, as well as fail to deliver the juicy refund it purports to deliver. The agency is warning taxpayers not to fall for advice...
Americans may get a tax refund shock this year
Millions of U.S. taxpayers could receive a shock when they see their 2023 tax refunds...
IRS Data Breach 2022: Who should be held responsible for data breaches?
As the year draws to a close and the holiday season fast approaches, several individuals...
5 tax moves to consider before year-end
The investing information provided on this page is for educational purposes only....
‘Early filers’ should wait until later in the 2023 tax season to file returns: Here’s why
The IRS is warning taxpayers who like to file their tax returns in late January or early...
Tax Deductions: What are popular tax deductions and credits?
A deduction reduces your taxable income, which could result in a lower bill... If you...
IRS delays new tax-reporting rule on Venmo, PayPal payments over $600
Controversial reporting rule on payments over $600 will go into effect in 2024... The...
Treasury delays new restrictions for electric vehicle tax credits, drawing Manchin’s ire
The Treasury Department and IRS announced on Thursday that they are delaying...
The Complete List Of Eligible Cars For The $7,500 EV Tax Credit
Even automakers find the IRS's new EV incentives complicated, but it'll all be okay......
8 Tax Deductions, Credits You May Qualify For in 2023
(NEXSTAR) – Tax season is upon us again, with less than 80 days until tax returns are...
Here’s how much money Americans could save — or lose — under Trump’s tax plan
President Donald Trump vowed throughout his campaign that he'd overhaul the US tax...
Taxpayer Bill of Rights
• The Right to Be Informed. • The Right to Quality Service. • The Right to Pay No More...
Mid Year Life Changes that bring New Year Tax Surprises
A Mid Year Adjustment Can Prevent a Tax-Time Surprise When it comes to filing a federal...