Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.
Hobby expenses, international tax updates, a government watchdog looks at the IRS, gold and platinum visas, an ERC lawsuit is ...
Next month’s election in Northern Colorado and the Boulder Valley will be brimming with citizen-initiated ballot issues that ...
The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
After decades of limiting private letter ruling issues, the IRS has steadily widened its program, providing taxpayers greater certainty.
If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...
If you earn money through a side hustle, run a small business, or get paid through apps like Venmo, PayPal, or Cash App, or sites like eBay, you’ve probably come across a lot of mixed messages about ...
Some clarity is emerging regarding statements from Biden administration officials that no one making less than $400,000 will see higher audit rates by the Internal Revenue Service, which is about to ...
The Internal Revenue Service named Jarod Koopman its acting chief tax compliance officer Monday, its second leadership appointment of the day following the naming of Frank Bisignano as CEO. Koopman ...
Tax brackets for 2026 have edged higher, keeping in step with inflation. Those who are feeling financial strain right now are about to get some relief. Taxation of capital gains won't hurt quite as ...
The U.S. Senate unanimously passed the Internal Revenue Service Math and Taxpayer Help Act, which will take effect 12 months after the president signs it. The IRS MATH Act amends Section 6213(b) of ...
The adjustments will apply to tax returns filed in 2027. Huge Brazilian raid on Rio gang leaves at least 60 people dead and 81 under arrest 'My hopes are dashed': Illegal Indian migrants deported by ...