In the year that a taxpayer dies there may still need to be one or more tax returns that are required to be filed after their ...

The first tax filing following divorce can be difficult for your clients, and it's not just about deductions and credits. For financial advisors, it requires empathy and attention to detail.

Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

The agency has said thousands of taxpayers have filed inaccurate returns after following misleading social media advice.

The IRS is rolling out significant tax form changes impacting seniors over 65. These updates aim to ease the financial burden ...

Sure, we're in back-to-school season, but tax pros already are speculating about the potential for a delayed start for the 2026 tax season. The buzz began building after Billy Long, the new IRS ...

Internal Revenue Service IRS headquarters in Washington, D.C. The Internal Revenue Service is asking the public to weigh in on free tax filing options for an upcoming congressional report, amid ...

The IRS is set to revolutionize tax refunds by phasing out paper checks by September 30, 2025. This shift to digital payments ...

The Internal Revenue Service issued guidance in the form of answers to frequently asked questions about the soon-to-expire tax credits for clean energy sources such as solar and wind power, electric ...

The head of the U.S. Internal Revenue Service's digital assets unit, Trish Turner, is leaving her post for the private sector just as new tax policies are set to potentially bring in a wave of crypto ...

Trish Turner, head of the IRS’s digital assets unit, is leaving the agency for the private sector just as new rules concerning crypto taxes are taking effect. Turner’s departure follows similar ...