The massive package of tax cuts House Republicans passed in May is expected to increase the U.S. debt by trillions of dollars — a sum that threatens to torpedo the legislation as the Senate starts to ...
Millions of Americans who file their own returns have long learned about tax math mistakes only after the Internal Revenue Service quietly changed their refund or balance due. A new federal law ...
On Thursday, in a post on X, Warren said that her new bill ensures that a “math mistake” in tax filings does not cost taxpayers “a fortune or hours of work.” The legislation essentially mandates the ...
A new law was signed on December 1 to make IRS tax error notices clearer and easier to understand for taxpayers. The law is called the IRS Math and Taxpayer Help Act ...
The U.S. Senate on Monday passed the Internal Revenue Service Math and Taxpayer Help Act, H.R. 998, which, among other changes, requires the IRS to provide taxpayers ...
House Republicans have taken the first step to keep Donald Trump's push for "one big beautiful bill" alive this week with a budget resolution that will set the parameters of any deal. But the ...