A combination of staffing reductions and big retroactive changes in tax law creates challenges for taxpayers and the IRS ...
The national taxpayer advocate says the 2026 tax filing season is likely to face significant challenges due to IRS workforce ...
Plus: TIGTA worries about tax filing season, the Taxpayer Advocate says that backlogs are still a problem, evaluating Trump accounts, tax trivia and more.
The Internal Revenue Service (IRS) heads into the 2026 tax season with deep staff losses and complex new tax laws, prompting ...
The IRS is moving away from paper refund checks. Taxpayers should include their bank account information on their 2025 tax ...
The “Warrior Dividend” payments of $1,776 made to military service members in December 2025 definitely won’t be subject to income taxes, the IRS confirmed.
What are the IRS reporting requirements for rental income? 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 ...
Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...
The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released ...
A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...
SACRAMENTO, Calif.--(BUSINESS WIRE)--The Internal Revenue Service and the State of California have different definitions on who can prepare tax returns for a fee. The procedures for reporting ...