Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for ...

According to the IRS, “Third party settlement organizations are required to report transactions for goods or services where ...

The official start date of this year’s tax filing season will be Jan. 27, the IRS said Friday. That is the first day the ...

The Internal Revenue Service (IRS) announced Friday that the official start date of the 2025 tax season will be January 27. The IRS is in the middle of a massive overhaul to improve its technology and ...

Even a shrunken government would need to collect taxes to carry out functions it has left. The IRS is a case in point.

With 2025 well underway and millions of American workers now receiving their W-2 forms from employers, many are wondering ...

The IRS on Friday announced Jan. 27 as the official start date of the 2025 tax season, and expects more than 140 million tax returns to be filed by the April 15 tax deadline. The federal tax collector ...