The Latest Breaking News from IRS

Millions more taxpayers with online side hustles will receive 1099-K tax forms this month

Will an executive order and firing IRS workers reshape the federal tax agency and impact how long it takes to get your tax refund?

The first 10 years of retirement are some of the riskiest for your investments, but channeling your inner Karate Kid may help defend your funds against losses.

There’s a continuing shortage of accountants in the U.S. CPAs are overwhelmed—leading to delays and errors during peak tax season.

IRS will begin accepting and processing 2024 returns on Jan. 27.

The 2025 tax filing season is set to start next week

Dividing assets fairly in a divorce means looking beyond their current values and asking whether they'll create tax liabilities — or tax breaks — in the future.

The current financial situation has made it more crucial than ever to take control of your retirement funds. Also, with the rise of personalized financial planning, self-directed investment choices have become more appealing. Among these alternatives, the self-directed 401(k) plan stands out as an effective tool!

Imagine no longer having to pay income taxes. Trump wants to replace the IRS with the External Revenue Service to collect tariffs to fund the Federal Government

Senate Finance Democrats want Scott Bessent to submit to an IRS audit and release his tax filings ahead of panel vote Tuesday.

If you can, switching from paper to e-filing your taxes can have many benefits.