Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The IRS often begins accepting and processing tax returns in late January. The official date is expected to be announced the ...

New tax rules hit in 2025 just in time to trigger more 1099-K paperwork for Detroit Lions ticketholders who are reselling hot ...

Direct File can help you cut out the tax season middlemen, and this year, the IRS is bringing out new features.

President Joe Biden awarded the Presidential Medal of Freedom this month to George Soros, a billionaire philanthropist who ...

Few Ohio private college and university presidents earn more than $1 million — and most earn less compared to their peers ...

This past year wasn't short on tax and accounting news, affecting taxpayers and tax professionals alike. Here are the top tax ...

FTX will begin initial distributions between now and the deadline of March 4, 2025. The company plans to repay 98% of ...

Some home improvements are tax deductible, but the IRS has strict rules about which are eligible. Find out if your project or ...

The IRS on Friday announced January 27 as the official start date of the 2025 tax season, and expects more than 140 million ...

April 15, 2025, is the filing deadline for federal taxes. That's on a Tuesday this year. If you fail to file or pay your federal tax return on time, the standard penalty is a whopping 5% of any tax ...

Child tax credits benefit parents and guardians when they file their yearly tax returns and typically provide a set amount per dependent child.