Workers at the Internal Revenue Service, who were previously exempted from furloughs because their work is considered necessary, have started to receive furlough notices. According to a revised shutdo

After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds have changed since last year.

Under an updated contingency plan, released on Day 8 of the government shutdown, nearly 40,000 workers will stay on the job, including more than 24,000 in Taxpayer Services.

Beginning January 1, 2026, remittance transfer providers will be required to collect a 1 percent remittance transfer tax from certain senders.

The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next year,

See Trump rebate eligibility, inflation check status, IRS where's my refund payment tracker by social security number

During the COVID outbreak, people received payments ranging from $600 to $1,400 as a stimulus to keep the economy in decent health. However, these payments only had three instalments, with the deadline for claiming the third instalment of the payments on April 15 of this year.

In a recent announcement, the Internal Revenue Service (IRS) disclosed important details regarding its approach to the new federal excise tax on international money transfers. According to a report by Newsweek,

While federal employees have often missed paychecks during shutdowns, and the first pay period is coming in the next week, Trump is now threatening to do away with guaranteed back