by TIG Tax Services | Jan 14, 2025 | Tax Updates
Coalition Against Scam and Scheme Threats announce 2025 filing season changes aimed at preventing the spread of scams, schemes; new Fuel Tax Credit statement and increased review of “other withholding” claims among highlights WASHINGTON — The Internal Revenue Service...
by TIG Tax Services | Jan 13, 2025 | Tax Updates
The SECURE 2.0 Act makes it easier for qualified individuals impacted by a federally declared major disaster to access their retirement savings. Eligibility A taxpayer may be eligible for relief that provides for expanded access to their retirement funds if their...
by TIG Tax Services | Jan 10, 2025 | Tax Updates
WASHINGTON — The Internal Revenue Service announced today tax relief for individuals and businesses in southern California affected by wildfires and straight-line winds that began on Jan. 7, 2025. These taxpayers now have until Oct. 15, 2025, to file various...
by TIG Tax Services | Jan 10, 2025 | Tax Updates
WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued proposed regulations addressing certain SECURE 2.0 Act provisions, including a provision generally requiring newly-established 401(k) and 403(b) plans to automatically enroll...
by TIG Tax Services | Jan 10, 2025 | Tax Updates
Free File program now open; Direct File available starting Jan. 27 for taxpayers in 25 states WASHINGTON — The Internal Revenue Service today announced that the nation’s 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced...
