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The Argument for the Creation of a Taxpayer Bill of Rights

The National Taxpayer Advocate, an entity within the IRS that is specifically designed to advocate for taxpayers, has repeatedly recommended adoption of a Taxpayer Bill of Rights (TBOR) by the IRS. The dozens of taxpayer rights strewn throughout the Internal Revenue Code often result in confusion. Most taxpayers have no idea what their rights are and therefore often cannot take advantage of them. In a survey of U.S. taxpayers conducted in 2012, less than half said they believed they have rights before the IRS, and very few said they knew what those rights are.

The Argument for the Creation of a Taxpayer Bill of Rights

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Maximize Your 401k Contributions in 2024: A Guide with Calculator

New updates to the 2023 and 2024 401k contribution limits. Use a free paycheck calculator to gain insights to your 401k and financial future.

Still Waiting on Your 2023 Bonus?

Unlock the secrets of your 2023 bonus taxes with our guide, and use our Bonus Pay Percent Calculator for an instant breakdown of your take-home pay.

How Much of Your Bonus Will You Take Home?

It’s the 2023 holiday season, and for fortunate employees, that means an end-of-year bonus! Yet many employees are disappointed when their bonus lands in their bank – usually a lower amount than anticipated. Here's a quick guide to help workers understand how bonuses are taxed.