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.
The proposed rules move the federal government closer to operationalizing Trump Accounts, a savings vehicle for children.
Form 8949 requires detailed reporting of every crypto disposition to accurately calculate capital gains and losses for tax compliance. Separate transactions into short-term and long-term categories to ...
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 is transferring another batch of employees to assist during tax filing season, renewing concerns among the workforce that staff highly specialized in fields not directly ...
As the IRS moves toward digital-only payments under a Trump-era executive order, taxpayers should expect changes in how refunds are issued and payments are made. Super Bowl LX kicks off this weekend, ...
A partial government shutdown lasting less than four days ended after Trump signed a $1.2 trillion funding package. The IRS confirmed its staff worked during the brief shutdown, using supplemental ...
(Gray News) - The Internal Revenue Service is operating normally during the partial government shutdown, at least for now. The IRS said its nearly 75,000 employees will continue working through ...
A House vote today, Tuesday, Feb. 3, 2026, to end the government shutdown 2026 comes amid the 2026 tax season as millions of Americans wait tax refunds, but will the government shutdown affect tax ...
With parts of the federal government shut down after Congress failed to reach a funding agreement, some Americans are worried about whether the disruption could affect their 2026 tax refunds. Here's ...
The partial shutdown of the U.S. federal government is likely to continue as Democrats and Republicans clash on a bill to fund the Department of Homeland Security (DHS). On Saturday, senators agreed ...