The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

Money can be a source of anxiety (if you don't have enough) or comfort (getting a windfall when you need it), but it can also be hilarious. Tax season is a reminder that "mo' money, mo' problems" is, ...

Year's end is fast approaching for preparers and taxpayers alike, making the regulatory clarity from the Internal Revenue Service's November wave of guidance a welcome addition across the profession.

A direct path to the IRS threatened a powerful player in tax prep. Now the project is gone. The Watchdog explains how—and why ...

Real Business Solutions updated W2 Mate to support IRS IRIS for 2025, enabling automatic, IRIS-ready CSV e-filing for 1099 forms and simplifying compliance for businesses. ORLAND PARK, IL / ACCESS ...

The Internal Revenue Service, like other government agencies, is a target of thinning and deregulation under the Trump administration and the Department of Government Efficiency, formerly led by Elon ...

Internal Revenue Service employees faced threats of assault during Saturday tax assistance events last year, according to a recent report. The report, issued earlier this month by the Treasury ...

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.

A group of former commissioners at the Internal Revenue Service is sounding the alarm about the thousands of layoffs at the agency in the midst of tax season. Last week, the IRS laid off between 6,000 ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

The House Ways and Means Committee passed a set of bipartisan bills aimed at improving tax filing and administration at the Internal Revenue Service. Two of the bills, which were backed by the ...

You may wonder if you need a certified public accountant (CPA), especially if you’re running a business or have complex finances. While not all accountants are CPAs, a CPA is an accountant who has ...