Oct. 15 is the extended deadline to submit a 2024 return, not an extension to pay any owed 2024 taxes; the payment deadline ...
Notice 2025-55 provides relief in connection with the new excise tax imposed on certain remittance transfers under the One ...
The IRS announced a furlough Oct. 8 that has some wondering what to do about an Oct. 15 tax deadline for those who requested an extension in April.
That feeling of satisfaction and accomplishment that accountants feel at the end of a successful tax season can be shattered ...
The IRS adjusts its tax provisions for inflation every year, which can help taxpayers avoid so-called "bracket creep." ...
IRS has announced new income thresholds for 2026 federal tax brackets, adjusting for inflation and providing relief for both ...
It often starts with a letter from the IRS. "It might be an LT11, generated by computer, or an LT 1058," explained Bill Nemeth, immediate past president of the Georgia Society of Enrolled Agents.
The Internal Revenue Service issued guidance on the corporate alternative minimum tax in response to comments it received.
The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. ...
More than 11,400 Internal Revenue Service employees have either received termination notices as probationary employees or voluntarily resigned, representing an 11% reduction to the agency's workforce, ...