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 are two types of installment plans: short-term (lasting 180 days or less) ...

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

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 ...

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 ...

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers four questions on paper checks, ...