Congressional report warns IRS budget cuts may slow refunds, reduce enforcement, and strain services in the 2026 tax season.

It often starts with a letter from the IRS. Join our community today and get unlimited access to Accounting Today.

For many taxpayers, receiving a tax refund is a highly anticipated event. The Internal Revenue Service (IRS) has announced ...

This latest round of IRS warning letters comes at a time of intense discussion over crypto tax policy in Washington. While ...

Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...

Wondering why is my tax return so low this year? Learn the most common reasons for smaller refunds and steps you can take to ...

The tax filing deadline has come and gone and no doubt you’d rather think about the next summer BBQ — or pretty much anything ...

If your income was $84,000 or less in 2024, you may be able to file your taxes through IRS Free File, a program in which online tax prep companies partner with the IRS to provide free services.

If IT modernization projects fall behind schedule, IRS staffing cuts could jeopardize the success of next year’s filing season, an agency watchdog warns.

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

With over 23.5 million tax returns already filed, the average refund has risen from $1,741 in 2024 to $2,065 in 2025. For ...