The 2026 Standard Deduction leaps to $32,200 (MFJ), automatically shielding more income for 9 out of 10 taxpayers.
The IRS issued an “urgent” alert on Wednesday, warning tax preparers of possible scams. According to the IRS, a new scam email is circulating that is impersonating the IRS and attempting to steal tax ...
The IRS has issued a crucial reminder to over 800,000 tax preparers across the U.S. about the necessity of maintaining a valid Preparer Tax Identification Number (PTIN). This requirement is vital for ...
IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...
The number of Internal Revenue Service audits is set to spike in the coming years as the tax agency takes aim at specific groups. In a statement, the IRS said it is planning more audit focus on the ...
The second wave of "tax time" is just around the corner. Those who filed for extensions have until October 15 to submit their 1040, and that deadline brings with it another round of apprehension among ...
This year, the tax filing season is starting off strong. The initial data from the IRS indicates that taxpayers are getting their returns in more quickly than they did last year. Tax season opened on ...
Direct File has been one of the IRS's most popular and successful programs in recent years. In 2025, it will expand significantly and become available to twice as many states. In the coming tax year, ...
NEW YORK — The IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S. Treasury's coffers. But not every group of taxpayers will face ...
The number of Internal Revenue Service audits is set to spike in the coming years as the tax agency takes aim at specific groups. In a statement, the IRS said it is planning more audit focus on the ...