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 IRS really means it this time when they say that high earners will have to start paying tax soon on their catch-up 401(k) contributions and then deposit them into workplace Roth accounts. Sort of.
No new federal stimulus payments are planned for 2025. Viral posts claimed a $1,702 deposit was coming earlier this month. The IRS warns of scams using fake checks and phishing tactics. WASHINGTON - ...
The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...
The US Internal Revenue Service (IRS) announces an increase to the premium limit for small insurance companies making a § 831(b) tax election, raising it to US$2.9 million for the 2026 tax year. The ...
The Internal Revenue Service Thursday released the updated tax brackets for the 2026 tax year. Changes to the standard deduction, earned income tax credit, estate tax credit, and more were also ...
The furloughs come just a week before the tax filing extension deadline. James Comey strikes back Walmart deploys millions of new sensors in retail's first large-scale deployment of IoT tech Officials ...
As discussed in our prior blog posting, Canadian companies should be aware that, if they engage in certain “organizational actions” (as discussed below) that affect the tax basis of their securities ...
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 ...
If you earn tips or overtime, the IRS just made your 2025 tax season a little more interesting. A new draft form, Schedule 1-A, lets you claim deductions on those earnings, along with car loan ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.