The IRS has extended federal tax filing and payment deadlines to May 1, 2026, for storm-affected Washington counties. Individuals, businesses, employers and retirees gain critical relief after ...

Reporting your digital asset income has changed this year. Learn how the new IRS rules will affect your tax filing and why ...

The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer tax rules, exclusions, planning tips.

Tax season is underway, and the IRS expects 164 million people will file returns by April 15. If you file electronically, the ...

You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill ...

Tax-related identity theft remains widespread and a potentially serious problem for victims, for whom authorized representatives can provide vital help.

Sec. 6752(1)(b) was satisfied by an IRS supervisor’s timely signed approval of penalties against the taxpayer, without any “meaningful review” or “reasoned decision-making,” the Tax Court held.

The North American Industry Classification System, already in use for other tax purposes, replaces a specified manual that ...

Taxes for 2025 are due for most of us by April 15, 2026, which falls on a Wednesday. If you don't expect to file by then, you can request a six-month extension. If you filed electronically and chose ...

Each year, the IRS nudges dozens of tax numbers so ordinary pay rises aren’t secretly taxed away. For tax year 2026—the returns you’ll file in early 2027—those adjustments reflect recent law changes ...