States must now decide whether to participate, with their decisions determining the federal credit’s availability to ...

Taxpayers have long awaited ways to expedite their refunds, especially during times when budgets are tighter due to inflation ...

Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to ...

Benzie County officials are warning taxpayers about an error that inflated this year’s winter tax bills. According to a Dec.

The longest government shutdown in U.S. history is now over. The backlog of work, however, remains. As the IRS scrambles to get back to business as usual, taxpayers should expect delays. The ...

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 IRS has recently announced the launch of its new ...

Many people will soon be filing their 2024 tax returns by the extended October 15 filing deadline. Before filing, it’s a good idea to double check your IRS Forms 1099. They remind you that you earned ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

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 ...