Trump, tariff revenue and stimulus checks
Digest more
No new federal stimulus checks are authorized for November 2025; Congress has not passed any new legislation, and the IRS has made no confirmation. President Donald Trump has proposed using tariff revenue to pay a dividend of at least $2,000 per person (excluding high-income individuals), but this is currently just a proposal.
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S.
The US inflation rate has been steadily increasing over the past year, which has an impact on the lives of common people. Amid the financial hardship, millions of people have found hope in the $1,390 direct deposit relief payment from the Internal Revenue Service (IRS).
Direct File, the free, government-provided alternative to services like TurboTax, won't be available for the 2026 tax season, Bloomberg Tax reports. That's based on a letter sent from the Internal Revenue Service to participating states that says that "no launch date has been set for the future."
Steinmetz said there have been changes in the tax law that will impact 2025 tax filings. Steinmetz encourages people to use the irs.gov website and to set up their id.me account which will aid in the tax preparation process. But start the process now, while there’s still time to make adjustments if needed.
The Internal Revenue Service has provided a safe harbor for certain trusts enabling them to stake their digital assets without jeopardizing their tax status.
The Internal Revenue Service is the revenue service of the United States federal government, which is responsible for collecting taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is part of the Department ...
The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.
The Southern Maryland Chronicle on MSN
IRS Eases Tip, Overtime Reporting Rules for 2025
The U.S. Department of the Treasury and Internal Revenue Service announced penalty relief Monday for employers and payors facing new federal requirements to report cash tips and qualified overtime compensation on tax forms for 2025.