Taxpayers must report transactions that result in income, gains or losses during the tax year, according to tax experts.
The IRS issued revenue procedure establishing specifications for creating substitute versions of Form 941 (Employer’s Quarterly Federal Tax Return), Schedule B, Schedule D, Schedule R, and Form 8974.
Robocalls, texts, and phishing emails from scammers are up this tax season compared to previous years, according to the consumer protection bureau of the FTC.
Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.
The proposed rules move the federal government closer to operationalizing Trump Accounts, a savings vehicle for children.
A recent poll of 1,000 American investors in digital assets found that over half are scared they'll face an IRS tax penalty this year as new transparency rules governing crypto exchanges take effect.
Employment-related identity theft is on the rise. Victims may not find out until tax season.
Sens. Elizabeth Warren, D-Mass., and Angus King, I-Maine, are opening an investigation into the Trump administration’s decision to end the Biden-era free online tax filing program, Direct File. They ...
The Internal Revenue Service has published a new Schedule 1-A and updated instructions for claiming the new tax breaks in the One Big Beautiful Bill Act for tips, overtime, car loans, and senior ...
The Internal Revenue Service (IRS) has set April 15, 2026, as the final federal tax filing deadline for most US taxpayers. However, taxpayers who cannot meet this deadline can request an automatic six ...
The Internal Revenue Service (IRS) has set April 15 as the official federal tax filing deadline for most individual taxpayers for the 2025 tax year. This deadline applies to those who use the regular ...