IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...

The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...

If you earn money through a side hustle, run a small business, or get paid through apps like Venmo, PayPal, or Cash App, or sites like eBay, you’ve probably come across a lot of mixed messages about ...

The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...

On September 16, 2025, the Internal Revenue Service (IRS) released a final regulation providing guidance on how plan sponsors should implement a requirement under the SECURE 2.0 Act for catch-up ...

There’s this great lyric in the Randy Travis song, “Is it still over?” where Travis sings, “Since my phone still ain't ringing, I assume it still ain't you.” That’s how I feel about the IRS these days ...

The Internal Revenue Service named Jarod Koopman its acting chief tax compliance officer Monday, its second leadership appointment of the day following the naming of Frank Bisignano as CEO. Koopman ...

Nearly half of the IRS workforce — nearly 34,000 employees — faces furloughs as the government shutdown enters its second week, with the agency rolling out a contingency plan to keep key tax ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

The IRS furloughed almost half its workforce as the government shutdown entered its second week, the agency said Wednesday evening in its updated contingency plan. Earlier Wednesday, a public message ...

The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions, along with changes made under the One Big Beautiful Bill Act (OBBBA). The IRS' ...

After decades of limiting private letter ruling issues, the IRS has steadily widened its program, providing taxpayers greater certainty.