LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

On remand from the Eighth Circuit and after the Supreme Court held in the case that the Sec. 6330(d)(1) period for filing a ...

SPRINGFIELD – State lawmakers approved new funding for public transportation agencies without large statewide tax increases ...

Paul Bales of genre production group The Asylum ( Sharknado, Blind Waters) has been elected the new chair of the Independent Film & Television Alliance (IFTA). He succeeds outgoing chair Clay Epstein ...

BOISE — The Idaho State Tax Commission says taxpayers who qualified for an automatic extension to file their taxes must send in their return and full payment by Oct. 15. According to a Wednesday press ...

Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065. "If you want to prepare your return, or print and ...

SALEM, Ore. (KTVZ) – If you missed the April 15 tax filing deadline, you can still file your 2024 taxes. Thanks to the Oregon Department of Human Services Tax Infrastructure Grant Program, free tax ...

Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The IRS recently released drafts of ...

The IRS is asking the public to weigh in on tax preparation and filing options as it officially closes the door on Direct File, the free electronic filing tool that earned sky-high consumer experience ...

In the weeks leading up to the Trump administration’s decision to kill Direct File, Merici Vinton held out a sliver of hope that the IRS’s free electronic filing tool would be spared. After all, Elon ...

For many single parents, applying for available federal tax credits and deductions can be a lifeline to support their families each year. The first step begins by selecting the appropriate filing ...