Gifting Bitcoin in 2025? Learn how the IRS treats crypto gifts, what counts toward the $19,000 exclusion, when to file Form ...
The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
Amid swirling rumours of fresh economic lifelines, Americans scour the web for tidings on IRS direct deposit stimulus checks 2025, wondering if November payments could herald a $1,400 relief boost ...
The IRS’s new R&D reporting requirements demand unprecedented detail, forcing tax departments to itemize spending and research activities by project, leaving tax teams to adopt rigorous documentation ...
The Treasury and the Internal Revenue Service have provided transitional guidance for businesses required to report car loan interest under the recent tax reform law. Notice 2025-57 provides penalty ...
The AICPA asked the IRS and Treasury to provide guidance on the reporting and substantiation requirements for deductions of qualified tips and overtime pay allowed under the sweeping new tax law, ...
As the federal government shutdown grinds on, most Internal Revenue Service operations are closed. With agency-wide furlough in place since Oct. 8 for everyone except already-identified excepted and ...
IRS says lenders can offer an online portal to buyers for spotting total amount of interest paid on new car loans in 2025. Borrowers who took out a car loan in 2025 will need to file a new Schedule ...
The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger credits for families, adoptions, and employer-provided childcare. The top ...
The federal Internal Revenue Service has filed tax liens against an Acadiana medical company, alleging it failed to pay millions in employee payroll taxes. The documents filed last month in Bossier ...
The Trump administration is reportedly considering making changes at the division of the IRS dedicated to conducting criminal investigations, The Wall Street Journal reported Wednesday, which could ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. In an exclusive story on Wednesday, the Wall Street Journal reported on the Trump ...