A combination of staffing reductions and big changes in tax law creates challenges for taxpayers and the IRS alike, according to a new report.
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.
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 ...
PayPal confirms crypto users must report taxes under new IRS rules, with Form 1099 DA issued for digital asset sales starting ...
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 ...
As cryptocurrency becomes mainstream, tax rules are tightening — understanding how the IRS treats digital assets can save you ...
Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...