The Internal Revenue Service is postponing planned updates to information returns, withholding tables, and related reporting ...

The IRS has issued an update which corrects some calculations as published initially by the IRS as part of the annual ...

The IRS refund process is undergoing significant changes under the leadership of President Donald Trump. In March 2025, ...

The IRS has unveiled its annual inflation adjustments for the 2026 tax year, rolling out a long list of changes to deductions ...

The Internal Revenue Service, working with the U.S. Department of the Treasury, announced that paper tax refund checks for individual taxpayers will be phased out beginning on Sept.

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

The method of submitting a payment to the IRS remains unchanged for now. But the agency said it’s planning to expand electronic payment options for people to pay taxes. “Until further notice, existing ...

In keeping with the new federal mandate against paper checks, the U.S. tax agency announced that as of Sept. 30, it will no longer issue paper refund checks. The move, the agency said, is the first ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax compliance and naturalization, tax filing deadlines, tax trivia and more. Quick ...

1. The Voluntary Disclosures Program (VDP) is an opportunity for taxpayers to inform the Canada Revenue Agency (CRA) about and correct errors or omissions in their tax obligations. If relief is ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Lea Uradu, J.D., is a Maryland state ...