If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the ...
The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and ...
Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.
Millions of Americans who were granted tax filing extensions have until 11:59 p.m. on Wednesday to file their returns.
The Internal Revenue Service is the revenue service of the United States federal government, which is responsible for collecting taxes and administering the Internal Revenue Code, the main body of the ...
President Donald Trump's officials could be putting themselves in legal peril by moving forward with plans to weaponize the ...
It’s going to take years before the IRS gets to its pre-2025 levels of efficiency, if at all,” said Phil Karter, a shareholder at Chamberlain, Hrdlicka, White, Williams & Aughtry.
Lenders won't face penalties if they don't give the Internal Revenue Service detailed information about which borrowers qualify for a tax breaks on auto-loan interest, the tax agency said Tuesday.
Taxpayers may continue using the existing forms and procedures for filing their taxes in the meantime, the IRS said. The move ...