Internal Revenue Service – Page 24 – MOSAEC

What’s Passive Income? It’s Not What Influencers Say It Is.

Content Type: Service Freelancing, Self-Employment and Independent Contracting Generation Z Income Internal Revenue Service Labor and Jobs Passive income Pensions and Retirement Plans Renting and Leasing (Real Estate) Retirement Savings Social Media Stocks and Bonds

What’s Passive Income? It’s Not What Influencers Say It Is.

Misconceptions about passive income abound, namely that it’s easy to earn.

By Lisa Rabasca Roepe

As Tax Season Starts, a Beleaguered I.R.S. Looks to Bolster Customer Service

Biden, Joseph R Jr Customer Relations House of Representatives Inflation Reduction Act of 2022 Internal Revenue Service Law and Legislation Republican Party Tax Evasion Taxation United States Politics and Government

As Tax Season Starts, a Beleaguered I.R.S. Looks to Bolster Customer Service

The Biden administration is focusing on making the agency more responsive amid concerns that a funding increase will result in more audits.

By Alan Rappeport

Your Tax Refunds May Be Smaller This Year

Child Tax Credits and Stipends Content Type: Service Income Tax Internal Revenue Service Personal Finances Rebates and Refunds Tax Credits, Deductions and Exemptions

Your Tax Refunds May Be Smaller This Year

Credits that were expanded as part of pandemic relief have expired, as has the deduction for donations for people who don’t itemize.

By Ann Carrns

I.R.S. Backlogs Continue as Republicans Mount Offensive

High Net Worth Individuals Inflation Reduction Act of 2022 Internal Revenue Service Taxpayer Advocate Service United States Politics and Government

I.R.S. Backlogs Continue as Republicans Mount Offensive

The National Taxpayer Advocate expressed hope that better days were ahead for the tax collection agency.

By Alan Rappeport