The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.
Many taxpayers could see bigger refunds in 2026. From average refund amounts to delays, deductions, and credits, here’s what ...
The IRS shut down its direct filing program for 2026, but some tools remain—if you know where to look. Here’s how to navigate ...
A revised global agreement preserves a 15% minimum corporate tax while exempting U.S. multinationals from key enforcement ...
The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax returns. Here's what you need to know.
The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released ...
The IRS urges taxpayers to get organized now to take advantage of changes under the One Big Beautiful Bill Act (OBBBA) that could impact tax deductions and refunds in the next tax filing season. As ...
The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and other payers. However, rather than require more reporting this late in 2025, the IRS is ...
President Donald Trump has a new pitch for taxpayers, and it sounds simple enough: Send everyone a $2,000 per person tariff "dividend." Trump pitched the idea on social media over the weekend, posting ...
Thanks to changes to the tax laws, 2026 gives taxpayers a chance to take a fresh look at their charitable giving. Whether you’re donating cash, stock or money from your retirement account, a little ...