News

Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...
A Treasury watchdog report reveals how inaccurate tax information impacted FAFSA requests, offering a warning to agencies as ...
Trump is trying to push his 'big beautiful' tax and spending bill through Congress. After the Senate passed its version, here ...
Nearly 58 million Americans are navigating the complex world of self-employment taxes this year.
The agency estimates that it would receive roughly 43 million paper tax returns and 19 million paper information returns in ...
The nomadic lifestyle offers freedom, but it also demands financial discipline. Tax obligations don’t disappear when you hit the road, and in many cases, they can multiply. Staying compliant means ...
Zohran Mamdani’s shocking win in the race to become New York City’s Democratic candidate for mayor is a reminder that ...
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...
The IRS said Tuesday that it expects to issue a revised notice of proposed rulemaking after it studies the issues addressed in the 2019 proposed regulations.
The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...
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.