The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...

Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced ...

The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.

Notice 2025-62 PDF provides penalty relief from the new information reporting requirements for cash tips and qualified ...

The Internal Revenue Service has shut down its Direct File free tax-filing program, sending an email to the 25 states that offered it this year.

The U.S. Department of the Treasury and Internal Revenue Service announced penalty relief Monday for employers and payors ...

The IRS refunded $311 billion to taxpayers in 2025—here’s how to cut your tax bill and keep more cash in your pocket next ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

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 ...

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 ...

(NEXSTAR) – An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned Tuesday. While most people filed earlier this year, returns are ...

“It’s going to take years before the IRS gets to its pre-2025 levels of efficiency, if at all,” said Phil Karter, a shareholder at Chamberlain, Hrdlicka, White, Williams & Aughtry. The furlough of ...