There are many ways to reduce your tax burden, but it's important to make sure you aren't illegally evading taxes. Here are ...

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...

The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...

The new OBBB requires tip & overtime tax reporting, but the IRS has issued a penalty relief for 2025, as employers adjust.

There’s this great lyric in the Randy Travis song, “Is it still over?” where Travis sings, “Since my phone still ain't ringing, I assume it still ain't you.” That’s how I feel about the IRS these days ...

The month of October 2025 is witnessing important Internal Revenue Service (IRS) deadlines for a large number of taxpayers across the United States. People would face major financial consequences if ...

The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...

(NEXSTAR) – An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned Tuesday. While most people filed earlier this year, returns are ...

Although the U.S. government remains closed, taxpayers who requested a filing extension from the IRS earlier this year remain on the hook to submit their income tax returns by Oct. 15. "Taxpayers ...

Young federal government employees who are just starting their careers are concerned about their ability to pay for necessities such as rent if they miss a paycheck because of the government shutdown, ...

Nearly half of the Internal Revenue Service’s employees were placed on furlough this week as the federal government shutdown has now extended into its second week. According to a memorandum sent to ...