Tax-related identity theft remains widespread and a potentially serious problem for victims, for whom authorized representatives can provide vital help.
The North American Industry Classification System, already in use for other tax purposes, replaces a specified manual that ...
A presidential working group’s report advocates the United States implement the OECD’s Crypto-Asset Reporting Framework, an ...
Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.
An update on regulations and guidance surrounding Trump Accounts—which are a new type of Individual Retirement Account (IRA) for children under 18, created under the Working Families Tax Cuts ...
The IRS has released initial guidance on contributions, limits and withdrawals for the new Trump accounts authorized under the One Big Beautiful Bill Act—as well as how to apply to open one. Trump ...
October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions of Americans unknowingly leave money on the table every year. In fact, the ...
The Internal Revenue Service generally treats crypto like property, similar to stocks or real estate, so selling crypto can trigger a capital gain or loss. But many investors have been able to use a ...
The longest government shutdown in U.S. history is now over. The backlog of work, however, remains. As the IRS scrambles to get back to business as usual, taxpayers should expect delays. The ...
One of the most tax-friendly provisions of an IRA is the ability for IRA owners who are at least age 70½ to donate up to $108,000 (2025 limit) directly to an eligible charity from their IRA. This is ...
The IRS Direct File program is no longer available. (Photo by Tasos Katopodis/Getty Images for Economic Security Project) We knew that it was coming, but now we know for sure: Direct File, the free ...