In a bid to safeguard taxpayers and tax professionals, the IRS and CASST have announced significant changes for the 2025 tax ...

As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

The IRS has established some reporting rules for income that's received on P2P payment platforms such as Venmo including thresholds at which you must report.

Taxpayers have consistently misused a few key tax credits, enough to the point that the IRS released statements ... with the other designated forms: Form 1040 and Form 4136. The information ...

He reiterated that policy while on campaign and even floating replacing the income tax entirely with duties on foreign goods. "For far too long, we have relied on taxing our Great People using the ...

Dealing with delinquent tax debt may be one of the most stressful financial challenges a person can encounter. After all, between the mounting penalties, the Internal Revenue Service (IRS ...

The Republican-controlled U.S. House of Representatives and Senate could spell disaster for the future of the IRS. A week before Inauguration Day, a dozen GOP lawmakers introduced the Fair Tax Act ...

Languages: English The Internal Revenue Service (IRS) is sending out another ... Images "Qualified taxpayers are those who filed a 2021 tax return, but where the data field for the Recovery ...

The IRS said it’s distributing these payments to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. The Recovery Rebate Credit is a refundable credit for individuals who ...

The 2025 tax season will officially begin soon, now that the IRS has announced the start date. Before the month ends, working Americans will have received their tax documents for the previous year and ...

(AP) — The IRS on Friday announced Jan. 27 as the official start date of the 2025 tax season, and expects more than 140 million tax returns to be filed by the April 15 tax deadline. The ...