If you've moved abroad, there's always one thing that brings you back home: taxes. Americans are subject to US taxes no ...

April means tax season is winding down. Here''s what you need to know about deadlines, filing for an extension and how to ...

"The length varies depending on the type of audit; the complexity of the issues; the availability of information requested; the availability of both parties for scheduling meetings; and your agreement ...

Proposed staffing cuts affect the agency’s compliance and enforcement abilities, including complex audits of wealthy ...

The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income. The Tax Court ...

If you can’t pay your taxes this year, the IRS still wants you to file. Here’s how to get help, avoid penalties, and create a ...

Although FICA taxes do not apply to investment returns, you may face other taxes depending on your income level and the types ...

Your 2024 bonus is taxed at 22% federally (37% over $1M), plus Social Security, Medicare, and state taxes. Withholding varies ...

Benefits and implications of the IRS Adoption Credit. Claiming the Adoption Credit can significantly reduce your tax ...

Parents can claim tax credits for children, childcare, education, adoption, and income level—reducing taxes and increasing ...

Businesses that own, lease, or charter aircraft should prepare for increased IRS scrutiny by closely reviewing their ...

Elon Musk has accused the Democratic Party of using fraudulent IRS refund payments as a tool to attract and retain illegal ...