The Internal Revenue Service (IRS) is introducing a new program that will automatically waive certain tax penalties for taxpayers with a consistent history of...
The U.S. Department of the Treasury and the Internal Revenue Service have finalized regulations implementing the “No Tax on Tips” provision, expanding the list...
IRS notices issued; refunds could take more than 10 weeks
Changes to the IRS refund system are causing delays for some taxpayers, with many receiving...
Borrowers delinquent over 270 days face default statusDebt consolidation and filing extensions may limit losses
Seriously? yup.
As the Trump administration predicts what it calls the...
Korean American nonprofits in California are facing sharp funding disparities, with the largest organizations holding a disproportionate share of resources.
According to an analysis by...
Federal prosecutors indicted two Korean American brothers accused of running an illegal golf tee time broker scheme that netted them more than $700,000. The...
The Internal Revenue Service (IRS) is preparing to eliminate Korean and other non-English language services in response to President Donald Trump’s executive order declaring...
Tax reporting requirements for users of third-party payment apps like Venmo and PayPal are being significantly relaxed under new federal legislation.
On July 4, President...
The federal government has officially ended the Employee Retention Credit (ERC) program while significantly increasing penalties for improper claims under a new law signed...
A proposed federal bill to exempt tip income from federal income tax is advancing in Congress, drawing both optimism and concern among Korean American...
