On Dec. 18, 2024, the U.S. Citizenship and Immigration Services (USCIS) announced a final rule introducing significant changes to the ...

Learn about the best tax write-offs for small businesses and self-employed individuals to maximize your deductions and reduce ...

Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 5.2%, an increase from the ...

Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one. If you don’t report it, expect a notice.

An IRS John Doe Summons is highly effective to combat tax evasion. Trident Trust may now have to reveal U.S. taxpayers who ...

Draft instructions for Form 6765, "Credit for Increasing Research Activities," a.k.a. the research credit, are available for ...

Some IRS offices routinely threw away sensitive material with regular trash, while others used unlocked or damaged storage ...

See how we rate investing products to write unbiased product reviews. Ah, gold. It's rare and accepted everywhere. As one of ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and ...

The IRS has issued an updated version of Form 15397, “Application for Extension of Time to Furnish Recipient Statements.” The form is relevant to information reporting concerning IRAs. For instance, ...

The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners ...