The IRS continues to issue guidance for crypto tax preparers . . Toward the tail end of 2024 the IRS released the ...

Individuals and businesses impacted by severe weather and natural disasters have been granted extended deadlines.

Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one.

An IRS John Doe Summons is highly effective to combat tax evasion. Trident Trust may now have to reveal U.S. taxpayers who ...

Some IRS offices routinely threw away sensitive material with regular trash, while others used unlocked or damaged storage ...

This tax season, freelancers and side hustlers may receive an unfamiliar form in the mail -- IRS tax form 1099-K. After two ...

The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and ...

Homeowners can deduct the interest paid on a HELOC from their federal income taxes as long as they use the funds for home improvements. However, other requirements must be met to qualify for this ...

The IRS has announced a significant change in tax regulations, targeting virtual wallets like Venmo, Cash App, and PayPal.

A tax filing extension for residents of two dozen states affected by disasters is coming to an end in 2025, the IRS reminded taxpayers Friday.

The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners can ...

When you file your 2024 and 2025 taxes, the IRS says they've increased your standard deductions to bring some inflation ...