We’re going to have this hodgepodge, weird year of rules that’s going to make reporting very difficult for employees." ...
It's tax filing time, and for many Americans, that means extra financial stress. Some may be unable to pay their tax bills or could find themselves adding onto already existing tax debt — putting them ...
Tipped workers will be able to deduct up to $25,000 in tips from their taxable income beginning in 2025. To help sort out the details, the Treasury and the IRS are rolling out additional guidance.
For many Americans, taxes are a once-a-year chore, but the IRS is sending a clear message ahead of filing season: don’t wait. “It’s not too early to get ready for the 2026 tax season,” the agency ...
The crime-fighting arm of the IRS spent less time tracking down tax evaders this year, instead picking up some new ...
The IRS has released guidance to help taxpayers understand how new limitations under the One Big Beautiful Bill Act (OBBBA) will impact existing Employee Retention Credit (ERC) claims and refunds.
The Internal Revenue Service has been conducting "sweeps" in recent years to uncover cases where high-income people have not been filing taxes, but the tracking data and training need to be improved, ...