Taxation · 03/10/2025
IRS Launches Free Direct File Tax Service Covering 25 States
The IRS reminds taxpayers to take advantage of various free tax filing options. The newly launched 'Direct Filing' service is now available in 25 states, allowing users to easily file both federal and state taxes, with conveniences such as data import and online support.
Taxation · 07/25/2025
Taxpayer Advocacy Panel Listening To Your Voice To Improve The Tax Experience
The Taxpayer Advocacy Panel (TAP) is a federal advisory committee for the IRS, designed to listen to taxpayers' voices, identify tax issues, and provide practical suggestions for improvement. Composed of 75 diverse volunteers, TAP gathers feedback through various means to enhance the taxpayer experience.
Taxation · 08/07/2025
IRS Tax Deadline Approaches Extension Options Available
Understand your federal tax filing deadline and the conditions for applying for an extension to ensure smooth filing and avoid penalties and interest. It is also important to be informed about information related to combat zones and disaster areas to effectively manage tax issues.
Finance · 08/05/2025
US Shifts Social Security Payments to Electronic Only by 2025
The U.S. Department of Treasury has announced that starting September 30, 2025, paper Social Security checks will be completely discontinued, and all federal payments will transition to electronic transfers. Individuals involved must complete their payment setups before the deadline to avoid disruption in welfare distribution.
Taxation · 08/13/2025
Timing Tax Refunds and Credits to Protect Financial Rights
This article outlines the timeline and steps for applying for federal income tax refunds and credits, including the 3-year and 2-year application validity periods, as well as exceptions for special circumstances. It aims to help taxpayers clearly understand their rights and operational guidelines.
Taxation · 08/13/2025
Tax Crisis Spurs Surge in Personal Bankruptcy Filings
This article discusses options for personal bankruptcy, particularly strategies for coping when federal tax debts are unmanageable. It emphasizes the eligibility criteria and considerations for filing Chapter 13 bankruptcy, advising applicants to adhere to IRS requirements and consider professional support for achieving financial reconstruction.
Taxation · 08/07/2025
IRS Extends Tax Filing Deadline for Eligible Filers
This article provides a detailed overview of the deadlines for federal tax filing and eligibility for extension requests. It includes special notes applicable to combat zones and disaster areas, as well as steps to effectively complete the extension application, helping taxpayers ensure compliance and timely filing.
Taxation · 08/07/2025
IRS Warns Employers of Penalties for Tax Form Errors
Understanding federal employment tax forms is an important responsibility for employers. The IRS sends relevant publications every December detailing tax obligations and deadlines. Ensuring the timely submission of W-2 and W-3 forms helps avoid penalties and simplifies the process through electronic filing, increasing efficiency.
Finance · 08/06/2025
US Stocks Drop on Weak Jobs Data Policy Uncertainty
U.S. stocks dropped consecutively due to weak employment data and contradictions in Trump's policies, severely undermining market confidence. The conflict between Trump's increased military deployment and high tariff policies, along with the reshaping of the Federal Reserve's power, has further heightened investor concerns about the economic outlook.
Taxation · 04/04/2025
IRS Extends Tax Deadline to May 2025 for Disasteraffected Filers
The IRS informs disaster area taxpayers that the deadline for federal income tax filing and payment has been extended to May 1, 2025. Eligible regions include various states and counties. An additional tax filing extension must be requested proactively, and tax payments are still due on time.
Taxation · 08/13/2025
IRS Updates ITIN Renewal Process for Tax Compliance
Learn how to renew the validity of your Individual Taxpayer Identification Number (ITIN) to avoid issues with federal tax filing due to expiration. This article provides a detailed overview of the ITIN's validity period, renewal conditions, and application steps, ensuring taxpayers can smoothly fulfill their tax obligations.
Taxation · 07/23/2025
Indepth Analysis of US Tax Law and Related Official Guidance
This article systematically reviews the U.S. federal tax law and official guidance, focusing on the structure of the Internal Revenue Code, Treasury regulations, and various tax guidance issued by the IRS. It aims to assist taxpayers in understanding and adhering to relevant laws while avoiding misinterpretations and risks.
Taxation · 07/25/2025
Mastering Tax Knowledge Tax Seminars and Workshops Every Small Business Owner Must Attend
This article presents tax workshops and seminars available for small business owners across the United States, emphasizing how these events assist them in understanding and fulfilling federal tax obligations. By participating in these activities, small business owners can gain tax knowledge, optimize financial management, and promote business growth.
Taxation · 10/09/2018
Tax Announcement 2018 New Rules for Deducting Business Meal and Relocation Expenses
This article provides an in-depth analysis of the new regulations for deducting business meals and relocation expenses as outlined in the 2018 tax announcement, along with the applicable federal tax rates. It aims to help business owners and employees understand the latest fiscal policies and optimize their tax expenditures.
Loans · 07/24/2025
An Overview of Loans in the United States Helping You Navigate Your Path to Study Abroad and Homeownership
This article provides an overview of various loan types in the United States, including federal student loans, private loans, personal loans, and mortgages. It emphasizes the importance of managing credit history and comparing terms in the loan application process, helping international students and home buyers find the best funding options.