Billy Long worked with Lifetime Advisors, a company that solicited clients to claim a pandemic-era tax credit that the I.R.S.

The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.

Taxpayers have been eagerly awaiting, and the US Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have been promising ...

I have questions about state tax overpayments. I am a preparer who does GET and individual taxes for clients. The only overpayment that is automatically refunded to the taxpayer is the individual tax ...

There may be a surprise in store for some partnerships whose investors include an "applicable corporation" — particularly ...

A state law that allows hundreds of thousands of New Mexicans to pay less in taxes on out-of-pocket medical expenses will ...

In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect ...

A U.S. District Court judge sentenced the owner of LadyBug Espresso bikini barista stands to 10 months in prison and a ...

A Washington, DC tax accountant pleaded guilty for submitting falsified documents in his application for a $1.4 million ...

The Virginia Court of Appeals has held that the Department of Taxation (“Department”) cannot require a corporation to include the income and ...

Seven new bills have been signed into law earlier this year and are set to go into effect on January 1, 2025. Here's ...

The U.S. Department of Education manages college loans, seeks to prevent discrimination and sends more than $1.6 billion annually to Pa. schools.