TAX NEWS
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- The legislation aims to prevent submission of fraudulent returns before they're e-filed by requiring tax software to verify EFINs are active and authorized.
- A surprise visit from an IRS agent is not something any American looks forward to and most taxpayers can rest easy. Here’s when it could happen though.
- A new federal tax deduction could allow eligible tipped workers to deduct up to $25,000 in qualified tips from their taxable income.
- Seniors could qualify for an additional tax deduction in 2026, but the benefit depends on age, filing status, and income.
- In a few weeks, the IRS is expected to share what the tax brackets will be for the 2027 filing season. These adjustments are meant to address “bracket creep,” which occurs whe …
- IRS Chief to Newsmax: Illegal Alien Tax Credit Rule Appropriate …
- Affected taxpayers now have until Feb. 1, 2027, to file returns and make payments …
- A Utah divorce buyout looks like a straightforward cash windfall until you understand which spouse quietly inherits a six-figure IRS problem and which one walks away clean.
- The IRS quietly added a new document to your online account that reads like a personal tax report card. It says whether you filed on time, whether you paid on time, and whether the agency currently …
- Washington's timing on biofuels says more than the notice itself does.