TAX NEWS
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- The analysis explains that the IRS Automatic Exemption from Penalty does not cover information return penalties, which …
- Cut your tax liability the right way. Explore overlooked IRS-approved deductions and smarter tax-saving strategies.
- IRS 2027 tax brackets could raise the 37% tax threshold to $793,650 for joint filers and $661,375 for single taxpayers, based on early estimates.
- Guidance offers an extension of tax relief for farmers and ranchers in 49 states and other regions who sold or exchanged livestock due to drought conditions.
- 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.
- The IRS quietly added a Tax Compliance Report to online accounts, certifying whether you filed and paid on time as an authenticated document employers and lenders can request. A TCR may be required …
- THE IRS has urged Americans to take action now to avoid affecting how much money they receive or owe during the upcoming tax season. Some are already preparing for a looming September 15 deadline …
- Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This is the second part of my two-part Q&A with a tax-law expert, …