The Internal Revenue Service (IRS) has announced major revisions to the U.S. tax code following the passage of the One, Big, ...
The Internal Revenue Service recently updated guidance in Fact Sheet FS-2025-09 (Fact Sheet) to address changes to the ...
IRS draft guidance updates gambling tax reporting threshold, impacting players while modernizing W-2G requirements for ...
The IRS has released new guidance on retirement plan distributions, clarifying early withdrawal exceptions and required ...
The IRS released the cost-of-living adjustments for qualified defined contribution plans for the 2026 tax year (IRS Notice 2025-67). The following chart summarizes the key increases applicable to ...
The IRS has released an update on its strategic operating plan, which outlines "major accomplishments" in taxpayer service, technology and enforcement since its infusion of funding less than two ...
For the 2026 tax season, the IRS is moving fully to digital refunds, eliminating paper checks and requiring direct deposit.
Rumors circulating online about new Internal Revenue Service (IRS) stimulus checks being issued this summer have been declared false by officials. Claims that taxpayers would soon receive $1,390 ...