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WASHINGTON, D.C. — Taxpayers now have a centralized online tool to confidentially report suspected tax fraud, and the Treasury Department and Internal Revenue Service have issued updated guidance explaining how …
IRS Centralizes Fraud Tips, Clarifies Adoption Credit Changes Read More
WASHINGTON, D.C. — Manufacturers, refiners, and certain agricultural producers may now deduct up to 100% of the cost of new production facilities in the year they are placed in service, …
New Tax Break Lets Factories Write Off 100% of Costs Read More
What This Means for You The IRS expanded its Tax Pro Account for tax-preparation businesses, issued guidance on new limits to certain clean energy tax credits, and urged taxpayers to …
IRS Expands Digital Tools for Tax Professionals and Issues Energy Credit Guidance as Filing Season Begins Read More
It’s almost time for people to begin receiving their tax refunds. If you get one, what will you do with it?
What Should You Do With Your Tax Refund? Read More WASHINGTON, D.C. — The Internal Revenue Service and the Department of the Treasury on Tuesday unveiled proposed regulations reshaping a key clean energy tax incentive, while also urging taxpayers to …
IRS Rolls Out New Clean Fuel Credit Rules as Taxpayers Get Digital Boost Read More
WASHINGTON, D.C. — In a rapid-fire week of moves touching everything from college accreditation to student loans, the U.S. Department of Education signaled it intends to remake the rules that …
Education Department Rolls Out Broad Higher-Ed, Title IX Crackdown Read More WASHINGTON, D.C. — The Internal Revenue Service on Monday opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025, kicking …
IRS Opens 2026 Filing Season With Faster Refund Push and New Payment Rules Read More
Tax season is upon us, and while April 15 may seem like it’s right around the corner, you still have time to make some strategic moves that could lower your …
Tax-Saving Moves You Can Still Make for 2025 Read More
WASHINGTON, D.C. — The U.S. Department of the Treasury and the Internal Revenue Service on Friday rolled out new guidance on a tax deduction for qualified overtime pay while simultaneously …
IRS Unveils Overtime Tax Break, Launches EITC Push as Filing Season Heats Up Read More
WASHINGTON, D.C. — A sweeping trio of federal tax actions unveiled this week is poised to reshape how businesses invest, retirees plan, and military families file their returns, delivering faster …
Tax Shake-Up Delivers Faster Write-Offs, Clearer Rules, and a Break for Troops Read More