The new $25,000 tip tax deduction applies from 2025 through 2028. File IRS Schedule 1-A to claim it. Only voluntary tips ...

This is not the year to slack off on your tax return. IRS technology reliably catches errors, but the Trump admin's IRS staff cuts mean resolving issues could take years.

Tax season can be busy. Here’s what taxpayers should know about filing for extension, making payments and planning for the ...

In response to a Treasury Department Request for Comments concerning regulatory guidance for Trump Accounts, several industry groups offered feedback on various topics, including employer ...

Understand tax impacts when selling a residence, including eligibility for gain exclusions and factors that affect taxable profit.

An investigation by the Tennessee Comptroller’s Office has revealed questionable financial activity involving the executive director of Skills Training and Rehabilitation Services Incorporated (STARS, ...

This is the second in a series of conversations between US tax system insiders and experts on the status and problems of the U.S. Internal Revenue Service. Today’s installment features Garrett G ...

Using a generative AI tool to help with your taxes might be free and quick, but it comes with major risks of making costly ...

Many filers will be able to claim bigger deductions this year, thanks to new rules in the tax code. We spoke to the experts ...

“Good pizza is priceless, my friend,” I informed him. “The IRS should be paying me.” What followed was, I imagine, a perfectly normal session of preparing tax documents to submit in plenty of time, ...