Direct File, the free, government-provided alternative to services like TurboTax, won't be available for the 2026 tax season, ...
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...
Last month, the Treasury Department issued a report recommending that the IRS refocus efforts on strengthening its free filing programs, particularly Free File, by modernizing and promoting awareness ...
Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...
Millions of taxpayers have been reminded to file their 2024 tax returns by the end of Wednesday. The Internal Revenue Service (IRS) said the October 15 deadline applies to taxpayers who were granted ...
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, ...
This conflict could already be seen with the pilot program. According to a report by an Inspector General, the IRS’s Direct File software failed to list certain education tax credits that filers could ...
Inflation refund checks and Anchor rebate checks are on the way for some Americans, as others are waiting on a tariff rebate update, IRS tax refund or another stimulus check in 2025. Here's what to ...
Although the U.S. government remains closed, taxpayers who requested a filing extension from the IRS earlier this year remain on the hook to submit their income tax returns by Oct. 15. "Taxpayers ...
After decades of limiting private letter ruling issues, the IRS has steadily widened its program, providing taxpayers greater certainty.
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 ...
Taxpayers have until Oct. 15 to file tax extensions. Extension must be filed at this time to avoid getting hit with penalties. There are several options available to file tax extensions, including ...