If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...
The IRS Form 1040 is the primary document used by taxpayers in the United States to file their annual income tax returns. It serves as a comprehensive summary of your financial year, detailing all ...
The 2025 tax season is set to commence on January 27, as confirmed by the IRS. This marks the beginning of the period when ...
The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...
Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. In March 2024, the Internal Revenue Service (IRS) unveiled a revised version ...
The IRS started phasing out paper refund checks today after an executive order earlier this year from President Donald Trump. The order, issued in March, requires the IRS to largely stop sending paper ...
As agencies enter a new White House-directed era of data sharing, an IRS watchdog is highlighting a cautionary tale involving the transfer of inaccurate tax information that may have impacted millions ...