WASHINGTON — The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown — nearly 60 percent of its workforce — to handle tax returns and pay out refunds. The employees won't be paid. With the official start of the tax filing season coming Jan....
Trump Official Says 2018 Tax Refunds Will Go out on Time
WASHINGTON — A Trump administration official says that tax refunds will go out on time during the partial government shutdown. With the shutdown in its third week there had been mounting concerns over an IRS delay in sending refunds. But Russell Vought, acting director of the White House budget office,...
New IRS Rule on Deductions Hits Some High-Tax States Hard
CHERRY HILL, N.J. — New rules unveiled by the IRS undermine some states' attempts to help residents keep a version of a popular federal income tax deduction. Last year's Republican tax overhaul put a $10,000 cap on deductions for state and local income taxes, which could affect some high-earners in...
Can’t Pay the IRS Today? Here’s What To Do.
Tax Day is finally here once more. If you’re getting a refund, lucky you. But if you owe the government money, you may be worried that you have to pay the amount due by the filing deadline of April 17 – even if you asked for an extension. Owing the...
You Have Two Extra Days to Pay Your Taxes. And Take This Quiz.
“Tax Day,” the day when U.S. individual tax returns are due, is usually April 15. This year Americans get until April 17 to file their returns because April 15 falls on a Sunday and April 16 is Emancipation Day in Washington, marking President Abraham Lincoln’s signing of the Compensated Emancipation...