The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the ...

It started with a fake business. It ended with a shootout in broad daylight. Four people are facing federal charges in what ...

An IRS Installment plan is an agreement with the IRS that you’re going to pay taxes you owe over a specific timeframe. There ...

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

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

Another way to reduce your taxable income is by contributing to a traditional IRA. The maximum contribution is $7,000 in 2025 ...

Falling behind on your debt to Uncle Sam can be stressful — but you’re far from alone. According to the latest IRS data, ...

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

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

Yes, it’s entirely possible to make more than $100,000 and pay no federal income tax on it. This little trick is completely ...

A partnership can opt out of the centralized partnership audit regime for various reasons, including size of the partnership and how and to whom it distributes Schedule K-1 partnership forms for tax ...