by idei | Jul 3, 2025 | Uncategorized
The US Internal Revenue Service (IRS) issued a crucial reminder to millions of taxpayers about the second quarterly tax payment deadline, which was June 16. This notification was especially important for self-employed workers, small business owners, and all citizens...
by idei | Jun 25, 2025 | News
With increased job turnover following the “Great Resignation,” more workers are losing track of their 401(k) accounts from previous jobs, resulting in significant costs in fees and lost long-term financial growth. According to data from Capitalize, in 2023 there were...
by idei | Jun 18, 2025 | TaxBiz
In a vote marked by partisan division, the U.S. Senate confirmed former Republican Congressman Billy Long as the new Commissioner of the Internal Revenue Service (IRS). The appointment comes as the agency faces the most severe budget cuts in decades, raising concerns...
by idei | Jun 11, 2025 | TaxBiz
Recent reports confirm that the US Internal Revenue Service (IRS) is preparing to implement the largest staff reduction in decades. According to internal documents obtained by multiple media outlets, the agency could lose up to 40% of its current workforce, leaving...
by idei | Jun 5, 2025 | TaxBiz
The IRS has started processing refunds for the 2024 tax year, with most taxpayers receiving their money within 21 days of filing. The average refund amount is approximately $2,825, based on last year’s data. More than 140 million tax returns are expected this season,...
