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 ...

If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...

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

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

The IRS and Treasury have issued final regulations (TD 10037) that eliminate stock repurchase excise tax exposure for M&A transactions, ...