Tax relief

The service released a Data Book Thursday highlighting its work this past fiscal year, particularly in response to the pandemic.

The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit.

The service has posted new procedures to explain how a change in tax law last year potentially affects the depreciation of residential rental property.

Clients could end up having to pay back the money next filing season.

The Internal Revenue Service and the Treasury Department introduced an online tool that enables families to register for monthly payments of the expanded Child Tax Credit.

Some in Washington have slammed states for what they consider kicking their own residents while they’re down — against the intent of Congress.

The Internal Revenue Service is sending letters to over 36 million families about how they may be able to qualify for monthly Child Tax Credit payments, beginning in July.

The Internal Revenue Service issued more than 4.4 million Economic Impact Payments last year totaling more than $5.5 billion to potentially ineligible people, according to a new report.

The Internal Revenue Service disbursed more than 1.8 million additional Economic Impact Payments totaling over $3.5 billion under the American Rescue Plan in the past two weeks.

The rescue package makes it easier for those who have lost their jobs to keep their health insurance.