If your return has been selected for audit, it is essential that you understand your rights prior to any in-person review or meeting with the IRS agent.

You filled out the tax forms and wrote the Internal Revenue Service a check by April 15. Painful, but done. Not so, ...

It often starts with a letter from the IRS. Join our community today and get unlimited access to Accounting Today.

If your income was $84,000 or less in 2024, you may be able to file your taxes through IRS Free File, a program in which online tax prep companies partner with the IRS to provide free services.

The Treasury Department's information sharing agreement with the Department of Homeland Security could have implications for ...

The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the government watchdog noted that the 2025 filing season was successful, there are ...

WASHINGTON, D.C. U.S. Senator Tammy Duckworth (D-IL) led Illinois’s Congressional Democrats in demanding answers from the ...

The bill has to pass the House again before the president can sign it into law, and the difficulty for Republicans is not ...

TDVI offers a compelling blend of technology sector growth and a high, consistent monthly dividend yield. See why it is ideal ...

Some teenagers are acing financial questions about required minimum distributions, compound interest, and investment returns ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

With over 23.5 million tax returns already filed, the average refund has risen from $1,741 in 2024 to $2,065 in 2025. For ...