IRS

By the 2025 filing season, the IRS will digitally process 100 percent of tax and information returns that are submitted by paper, as well as half of all paper correspondence, non-tax forms, and notice responses.

Although Congress has chipped away at many traditional tax shelters in recent years, the main benefits of life insurance remain intact.

If you’re not careful, this often-misunderstood tax provision can result in a sizeable income tax liability for the family.

Businesses should be aware that as states become more fiscally creative, there will be more tax complexities and a bigger burden as the patchwork of regulations across the country get sorted out...

The AICPA believes that it is important that all taxpayers have convenient accessibility to an Appeals conference if they choose to do so.

Effective immediately, unannounced visits will end except in a few unique circumstances and will be replaced with mailed letters to schedule meetings.

A Colorado man has been sentenced to 15 months in prison for evading the payment of more than $700,000 in employment taxes he owed to the IRS.

The Problem Solvers Caucus, a group of GOP and Democratic lawmakers, plans to work on issues associated with the credit.