Allegan County Clerk and Register of Deeds Bob Genetski is warning residents to be cautious of letters claiming a federal tax ...

The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax ...

The IRS recently issued a Chief Counsel Advice Memorandum (AM 2025-002) (the CCA) that provides helpful guidance regarding the application of the branch profits tax (BPT) in connection with reverse ...

Learn how to deduct casualty and theft losses on your taxes effectively. Understand eligibility, criteria, and the filing ...

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.

Treasury Secretary Scott Bessent on Wednesday unveiled the new website for the Trump Accounts program, a tax-deferred investment vehicle for American children. He also announced a new Trump Accounts ...

The One Big Beautiful Bill Act, enacted on July 4, 2025, created “Trump accounts” via a new Internal Revenue Code Section 530A. These new tax-advantaged savings accounts are broadly modeled after ...

Parents cannot depend on an automatic enrollment system to create a new Trump Account for their children. To qualify for the $1,000 pilot program contribution for a Trump Account, a child must be a ...

The Internal Revenue Service is changing the way it issues tax refunds. The change, prompted by an Executive Order mandating a shift away from paper checks, will require some pre-work for people who ...

The IRS has released initial guidance on contributions, limits and withdrawals for the new Trump accounts authorized under the One Big Beautiful Bill Act—as well as how to apply to open one. Trump ...

For many Americans, taxes are a once-a-year chore, but the IRS is sending a clear message ahead of filing season: don’t wait. “It’s not too early to get ready for the 2026 tax season,” the agency ...

President Trump signed the Internal Revenue Service Math and Taxpayer Help Act into law, requiring the IRS to provide a clear explanation of tax-filing errors to ...