Advice for New College Grads. How can you star saving now for your home

Congratulations, new grads: You’re free! After four long years at college, it’s time to move on to the next stage of your life: adulthood. That means you get to start thinking about exciting things like your first job, a 401(k), and—sexiest of all—homeownership. Start...

Tax tips for Students with Summer Jobs

IRS Special Edition Tax Tip 2015-13, June 18, 2015 Students often get a job in the summer. If it’s your first job it gives you a chance to learn about work and paying tax. The tax you pay supports your home town, your state and our nation. Here are some tips students...

Phone Scams Continue to be Serious Threat

WASHINGTON — Aggressive and threatening phone calls by criminals impersonating IRS agents remain near the top of the annual “Dirty Dozen” list of tax scams for the 2015 filing season, the Internal Revenue Service announced today. The IRS has seen a surge...

Tax Benefits Increase Due to Inflation Adjustments

IR-2014-104, Oct. 30, 2014 WASHINGTON — For tax year 2015, the Internal Revenue Service announced today annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes. Revenue Procedure 2014-61 provides details...