A combination of staffing reductions and big retroactive changes in tax law creates challenges for taxpayers and the IRS ...
Get ready to meet the IRS again, especially if you’re a high-income filer or a small business owner.
As you prepare your 2026 taxes, learn why SNAP benefits (food stamps) are not considered taxable income by the IRS and should not be reported.
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 ...
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.
IRS January 31 deadline passed: The Internal Revenue Service (IRS) began processing over 270 million information returns this ...
The IRS Advisory Council’s (IRSAC’s) annual report included a strong defense of the agency and its employees and criticism of budget and staff cuts amidst passage of a massive bill with more than 100 ...
Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...