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

The world was shocked when Joe Biden announced he was dropping out of the 2024 United States Presidential Election race, ...

A Facebook post on June 9 noted that beginning in July, families with children would receive a $300 monthly direct deposit as ...

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.

The Income Tax Return (ITR) is a required process for taxpayers to report their earnings and tax payments to the IRS (Indian Revenue Service), and it must be submitted by the specified deadline Filing ...

The nation’s Catholic health systems were largely founded and led by nuns with a mission to serve the sick regardless of their creed or financial means. Today, no nuns run any U.S. Catholic health ...

When you start a new job, you'll be asked to fill out IRS Form W-4, otherwise known as an Employee's Withholding Certificate. With the information you supply, your employer will calculate how much ...

During the pandemic, an expanded Child Tax Credit provided material relief for working families. Congress let the measure ...

With a week to go before Election Day, taxes are top of mind for many voters. Here's a look at some of the most significant ...

Filing Federal Income Taxes Federal income taxes are reported and remitted to the IRS on forms created by the U.S. Department of Treasury and filed, usually electronically. The primary form used ...

A 2021 survey by InterNations, says 48% of U.S. citizens living ... Digital Nomads Should Put Tax Research Higher on Their To-Do Lists Failing to file taxes or making mistakes on required forms could ...