Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...

For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

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

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

The Tolland man has been charged with tax and fraud offenses after he allegedly created fake trusts in order to obtain ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

The Internal Revenue Service (IRS) is in the process of issuing tax refunds to those who filed their returns last month ...

Clear Start Tax Urges Victims to Act Quickly to Limit IRS Damage IRVINE, CA / ACCESS Newswire / June 25, 2025 / Even after ...

Crypto investors are poised for record returns on Bitcoin and other digital assets—and so, too, is the taxman. The Internal ...