Tag: IRS

April 12, 2019


IRS Employees Make Tax Day Success

Every year, the taxes Americans pay fund critical aspects of our country ranging from infrastructure and education, to supporting our military, to programs that benefit retirees and children. In fact, 95 percent of the country’s gross receipts flow through the IRS – totaling about $3.5 trillion last year.

March 29, 2019


IRS Expands Underpayment Penalty Waiver

There are new tax rates and brackets and an increased standard deduction under the new law, resulting in big changes for some taxpayers. Some owe lower taxes, while others have an unexpectedly higher tax bill, which could mean underpayment penalties. If you’re in the second camp of taxpayers, there is some relief for you.

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Tags: IRS