When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...

National Taxpayer Advocate Erin Collins discussed the changes in a recent blog post. The changes have been long advocated by the AICPA.

IRS Commissioner Danny Werfel announced the IRS will no longer automatically assess penalties for certain late filed foreign ...

Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth ...

The IRS did not abuse its discretion in sustaining a taxpayer’s proposed levy for a tax liability the taxpayer had not properly challenged, the Tax Court held.

Donald Trump and Kamala Harris back no-tax-on-tips policy, but in an election where the economy is the No. 1 issue, economists say the idea is flawed.

CHICAGO (CN) — The legacy of the Me Too movement continued to haunt former Illinois House Speaker Mike Madigan on Monday, with much of the morning testimony in Madigan's ongoing federal corruption ...

The IRS and Azteca Economic Development are recruiting volunteers in Laredo for the VITA program to provide free tax ...

As many as half may require additional forms of rental assistance, like Section 8 vouchers ... designed to encourage private investment in “opportunity neighborhoods.” Public records show that, in ...

Learn whether moving expenses are tax deductible under current IRS rules. Find out who qualifies, what expenses you can ...

The media and consulting firm linked to fraudulent voter registration forms in Pennsylvania earlier this week has gone dark as of Saturday.