Downloading your IRS Account Transcript is a great, free way to confirm how much you (or your clients) paid to the IRS for ...

Whether you're expecting a tax refund or tax bill, you are required to file taxes if you've received taxable income. Here's how long after filing you can expect your refund, or are required to pay ...

The final regulations, which the IRS issued Friday, make several changes to the proposed regulations, including a higher dollar threshold for a basis increase in transactions of interest.

The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return are in line ...

In 2025, cost segregation has become an essential tax strategy for property owners and investors looking to maximize ...

The Petitions of the Week column highlights some of the cert petitions recently filed in the Supreme Court. A list of all petitions we’re watching is available here. When the justices meet for their ...

After identifying your tax rate, multiply your taxable income by this percentage to calculate your withholding amount. Keep ...

From facial recognition tools to algorithms that identify diseases, agencies reported that they didn't know enough about what ...

The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.

The new administration has discussed creating a strategic bitcoin reserve. What accounting changes would we see as a result?

Over 29 million lost 401(k) accounts worth almost $1.65 trillion have been forgotten by their owners. Here are eight ways you ...

An estimated 1 million Americans will be getting a financial boost from the IRS for previously unpaid stimulus, officially ...