IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...

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 ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

If you earn money through a side hustle, run a small business, or get paid through apps like Venmo, PayPal, or Cash App, or sites like eBay, you’ve probably come across a lot of mixed messages about ...

(NEXSTAR) – Millions of Americans could see a financial bump thanks to inflation adjustments to the tax code announced by the IRS Tuesday. The changes to federal brackets, prompted by the rising costs ...

The Internal Revenue Service named Jarod Koopman its acting chief tax compliance officer Monday, its second leadership appointment of the day following the naming of Frank Bisignano as CEO. Koopman ...

The Internal Revenue Service (IRS) has announced that financial institutions and money transfer companies will not immediately face penalties if they fail to correctly deposit a new federal excise tax ...

Tax brackets for 2026 have edged higher, keeping in step with inflation. Those who are feeling financial strain right now are about to get some relief. Taxation of capital gains won't hurt quite as ...

Despite a government shutdown and news that the Internal Revenue Service would furlough almost half of its staff, the IRS released its 2026 tax year brackets, and there are changes. The federal agency ...

Tax professionals must act quickly as the IRS opens PTIN renewal season, introducing new security steps and a strict deadline ...

The IRS has released updated federal income tax brackets and standard deductions for the 2026 tax year, which will apply to returns filed in 2027. Supreme Court Is Told Trump Tariffs Are Illegal $3 ...

WASHINGTON — Thousands of IRS employees will be furloughed as the partial government shutdown drags on, the tax-collecting agency notified employees on Wednesday. The updated IRS Lapsed Appropriations ...