The 2024-2025 PGP cites proposed regs (REG-124850-08), published May 8, 2024, that provide guidance on information reporting ...
The IRS continues to issue guidance for crypto tax preparers . . Toward the tail end of 2024 the IRS released the ...
Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...
A tax filing extension for residents of two dozen states affected by disasters is coming to an end in 2025, the IRS reminded ...
Rachel Maddow takes a closer look at Trump's choice for IRS commissioner, Billy Long, a dubiously credentialled former ...
To avoid a government shutdown, the IRS lost out on $20 billion in funding, limiting its ability to track down tax dodgers.
That means the standard mileage rate for business use is now 70 cents per mile, up from 67 cents in 2024. However, the IRS said that its other standard mileage rates in 2025 will remain unchanged from ...
The IRS announced its new individual retirement contribution limits. It refers to the amount of money folks can set aside ...
AI tools are accelerating the development of deepfake schemes and disinformation campaigns that led to fraud The IRS is ...
Individuals and businesses impacted by severe weather and natural disasters have been granted extended deadlines.
Saving for retirement will get a little more attractive next year. Given the dire state of savings in this country, anything ...
When you file your 2024 and 2025 taxes, the IRS says they've increased your standard deductions to bring some inflation ...