Mid-Year Tax Planning Checklist

Mid-Year Tax Planning Checklist

Waiting until after the close of the tax year to worry about your taxes can result in missed opportunities that could have reduced your tax liability or provided financial benefits. Mid-year is the perfect time for tax planning. The following are some events that can...
Building on filing season 2023 success, IRS continues to improve service, pursue high-income individuals evading taxes, modernize technology

Building on filing season 2023 success, IRS continues to improve service, pursue high-income individuals evading taxes, modernize technology

Thanks to Inflation Reduction Act resources, the IRS delivered dramatically improved service in filing season 2023. IRS achieved an 87% level of service. Through the end of filing season, IRS answered 3 million more calls, cut phone wait times to three minutes from 28...