Another year brings another inflation adjustment for the thresholds that determine how much you owe Uncle Sam.
States must now decide whether to participate, with their decisions determining the federal credit’s availability to ...
Most taxpayers won’t be audited, but common mistakes—like reporting errors or inconsistencies—can raise red flags. Knowing ...
The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...
Updated taxpayer protections change what the IRS must explain on error notices and how long you have to respond.
On Thursday, the IRS released its Criminal Investigation division’s FY 2025 Annual Report, identifying more than $10.59 ...
As mentioned, the IRS has announced higher contribution limits for next year (2026): $3,400, up from $3,300 in 2025. But if ...
The Internal Revenue Service has halted a popular service that once provided a free option for taxpayers to file their taxes ...
Employees can still submit hardship-based telework requests, but approvals must come from the agency’s leadership or its ...
Trump Accounts—created under the One Big Beautiful Bill Act—are aimed at helping children build financial assets from an ...
Even as some of its agents were called away to support other federal operations, IRS Criminal Investigation had a banner year ...
The IRS Criminal Investigations unit is doing more than just cracking down on tax evaders. This year, its agents were ...