Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

A group of Democrats in both chambers, led by Sen. Elizabeth Warren of Massachusetts and Rep. Donald S. Beyer Jr. of Virginia ...

March 16, 2026: Tax returns are due for partnerships and S corporations that follow the calendar year. If your business ...

Making good on President Donald Trump’s promise for “no tax on tips” has proved to be complicated and, in some cases, ...

The Internal Revenue Service (IRS) and U.S. Treasury Department have issued final regulations (T.D. 10037) (Final Regulations ...

The plan’s promised enhancements include improving claims submittal and processing and communication with whistleblowers.

Taxpayer Identification Number (TIN) mismatches have quietly become one of the most expensive and disruptive compliance ...

The IRS may grant a reasonable extension if the taxpayer provides satisfactory evidence of acting reasonably and in good ...

The analysis was prepared by Black Ink Tax & Accounting's compliance and reporting team and is based on the final statutory language now in effect. The firm issued the report in response to increased ...

The U.S. government has issued final regulations significantly limiting the situations where a corporation will be liable for the 1% corporate ...

Tax brackets will shift upward for 2026, meaning more income will be taxed at lower rates before hitting higher tiers. The ...

Thanks to Trump's spending bill, taxpayers in the U.S. can expect no taxes on overtime and tips beginning this upcoming tax ...