The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

The Internal Revenue Service continues to seek feedback regarding the draft instructions for Form 6765 and is extending the dates for reporting requirements related to the Credit for Increasing ...

According to Forbes, it is important to check all 1099 forms before filing. Most come in late January or early February but some may come throughout the year. If a 1099 is missing or has an error, you ...

The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

The Internal Revenue Service (IRS) announced new measures that will directly affect how taxpayers receive their refunds, following an executive order by President Donald Trump. In a press release ...

WASHINGTON, D.C. — The Internal Revenue Service (IRS) will begin phasing out paper tax refund checks for taxpayers starting Tuesday, Sept. 30, marking a major shift toward electronic payments, the IRS ...

In a move to change how the U.S. government and its people do business, an order was signed in March 2025 that would be the biggest change to how the federal government pays people in many years. This ...