The IRS has unveiled its annual inflation adjustments for the 2025 fiscal year, impacting over 60 tax provisions.

Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions ...

This is the second time the IRS has delayed implementing the 1099-K $600 tax reporting rule. So, instead, for the 2023 tax year, a previous rule involving a much higher $20,000/200 transaction ...

the Internal Revenue Service (IRS) is urging taxpayers to take early steps to prepare for the 2025 tax filing season. The advice is part of the agency's "Get Ready" campaign. With an emphasis on ...

More than two dozen House Republicans are asking President-elect Donald Trump to terminate the Internal Revenue Service's free direct tax-filing system as soon as day one of his presidency.

But taxpayers who wish to avail themselves of the Tax Court’s pre-payment forum must do so within strict ... is computed based on the date the IRS issues a notice of deficiency (i.e., a letter ...