The Latest Breaking News from IRS

Unloading an underperforming stock can help keep your investment returns growing while trimming your tax bill. Here's how this strategy works.

The IRS says scammers are on the prowl for your financial information. Know the signs so you don't fall victim.

The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on Dec. 31, 2024. As Trump and Republicans prepare to negotiate new tax cuts in 2025, it’s worth gleaning lessons from the president-elect’s first set of…

Standard deductions, AMT exemptions, and other tax provisions will be impacted by the inflation adjustments that the IRS has announced for the 2025 tax year. Find more about the modifications and how your taxes can be impacted.

One in four kids will be the victim of identity theft or fraud. Here's how the government is making it worse.

Here are 10 ways to use year-end RMDs strategically. The deadline for taking Required Minimum Distributions is December 31. And yes, shopping might be in order.

We can learn a lot from John Dutton's estate planning mistakes. Here are just a few that relate to families in general and family businesses in particular.

IRS recovers .7 billion in back taxes and crime proceeds amidst funding challenges and leadership transitions.

Gains on collectibles like gold can be subject to a higher rate than for most other investments.

These 2025 top-retiree-friendly countries have an added benefit: potential tax savings for you and your heirs.

Food pantries, toy drives, and animal sanctuaries are popular ways to support others year-round.