The IRS is rolling out new digital authorization tools to replace paper-based processes, making tax management faster and ...

The AICPA told Treasury that Notice 2025 75’s “determine and document” requirement is “ambiguous and potentially onerous” and urges replacing it with a simple safe harbor or eliminating it.

In a bid to offer more financial relief to older Americans, a new tax initiative is set to benefit seniors aged 65 and older.

Tax-return errors with stock comp are painful, from accidentally taxing yourself twice to underreporting and getting a scary ...

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up to $6,000 per person in income from their federal returns or up to $12,000 ...

The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax returns. Here’s how the election works, who qualifies, and what happens next. Tax ...

Tax Day is coming, and soon it will be time to begin gathering forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm. Some forms are ...

Tax refunds this year are expected to be larger than usual, so many Americans may be wondering how they can get their hands on theirs as quickly as possible. The fastest way by far is electronically, ...

A host of tax-related changes means filing season will look different this year. The Internal Revenue Service is advising people to start preparing now ahead of the official opening of filing season.

Do you know what a W-2 form — officially termed Form W-2 by the IRS — actually is? According to the Tax Foundation, a majority of tax filers are unaware of basic tax concepts and requirements for ...

Parents who put money into their children’s “Trump Accounts” might face a headache come tax time: Even the smallest contributions may require them to fill out a little-used gift tax form that can take ...

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.