Latest News

Posted: Tue,23 Apr 2019 03:50:30 GMT
IRS Tax Reform Tax Tip 2019-46, April 23, 2019
From renting spare rooms and vacation homes to car rides or using a bike…name a service and it’s probably available through the sharing economy. Taxpayers who participate in the sharing economy can find helpful resources...
Posted: Mon,22 Apr 2019 07:35:38 GMT
Rosario Méndez Attorney, Division of Consumer and Business Education, FTC
Following last week’s devastating fire that destroyed much of the famous and historically important Cathedral of Notre Dame in Paris, fundraising efforts have begun.
Posted: Mon,22 Apr 2019 04:36:36 GMT
Jim Borland, Acting Deputy Commissioner for Communications
Today, the Social Security Board of Trustees released its annual report on the current and projected financial status of Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds.
Posted: Thu,18 Apr 2019 03:02:43 GMT
IRS Tax Tip 2019-44, April 18, 2019
The IRS just issued an updated publication with information for individual taxpayers and business owners unable to pay their taxes. This electronic pub, Offer in Compromise Booklet (PDF), helps people understand how an offer...
Posted: Wed,17 Apr 2019 03:31:22 GMT
Social Security Administration
Myths and misstatements of fact frequently circulate on the Internet, in email and on websites, and are repeated in endless loops of misinformation. One common set of such misinformation involves the history of the Social...
Posted: Wed,17 Apr 2019 03:19:27 GMT
IRS Tax Tip 2019-43, April 17, 2019
Just like taxpayers who file their taxes by the April deadline, those who filed an extension should also do everything to make sure their tax return is complete and accurate. Errors on a tax return can mean it will take longer...
Posted: Mon,15 Apr 2019 07:23:44 GMT
Colleen Tressler Consumer Education Specialist, FTC
If you need to borrow money to consolidate credit card debt, make home or auto repairs, or pay other unexpected bills, a personal installment loan may be an option.
Posted: Wed,10 Apr 2019 04:48:20 GMT
Tax Tip 2019-39, April 10, 2019
With the April tax filing due date just a few days away, taxpayers should remember to both file and pay any taxes they owe by the deadline. Taxpayers who do not file and pay timely will see their tax debt grow. In fact, penalties...
Posted: Wed,03 Apr 2019 03:45:15 GMT
IRS Tax Reform Tax Tip 2019-35, April 3, 2019
As they are preparing their 2018 tax returns, taxpayers should remember that personal exemptions are suspended for 2018. Taxpayers can’t claim a personal exemption for anyone on their tax return. This means that an exemption...
Posted: Tue,26 Mar 2019 03:01:42 GMT
IRS Tax Tip 2019-30, March 26, 2019
All individual taxpayers and families should claim tax credits for which they are eligible. Tax credits can not only reduce the amount of taxes owed, but some can result in a tax refund. The earned income tax credit is such...