Every year, the IRS compiles a list of common scams that taxpayers may encounter – its so-called “Dirty Dozen.” Today, the Service wrapped up the annual Dirty Dozen list of tax scams for 2023 with a ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

In Rev. Proc. 2023-24, the IRS on Thursday provided a comprehensive, updated list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13, as subsequently ...

Stay in the clear and keep your finances in order with everything you need to know about IRS Form 941. Many, or all, of the products featured on this page are from our advertising partners who ...

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) are rolling out guidance on the new “No Tax on Tips” provision under the One Big Beautiful Bill Act (OBBB Act), ushering in a ...

In the United States, paying your taxes is one of the most important tasks a citizen must stay on top of in order to avoid financial ruin. National Tax Day falls on April 15, the deadline for all ...

Fraud has no season, but scammers know that the days leading up to April 15 are a terrific time of the year to engage in tax scams and schemes. Anyone who is distracted when they're worrying about ...

As we move through 2024, there are new tax developments to watch including technology updates, pending tax regulations and the recognition of cryptocurrency on some tax forms. The Internal Revenue ...

One tax scam encourages people to create fake W-2 forms. Fake emails impersonate the IRS, state tax agencies, and software companies. Fraud has no season, but scammers know that the days leading up to ...

In Rev. Proc. 2024-23, the IRS on Tuesday provided a comprehensive, updated list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13, as subsequently ...

One tax scam encourages people to create fake W-2 forms. Fake emails impersonate the IRS, state tax agencies, and software companies. Fraud has no season, but scammers know that the days leading up to ...