40% Transfer Tax: IRS Final Say On Foreign Gifts, Bequests From ‘Covered Expatriates’
U.S. recipients from former U.S. citizens or long-term residents ("covered expatriates"). IRS finalized the regulations.
IRS announces date tax season will begin. Important tax season deadlines to keep in mind
The IRS announced the date tax season will begin, along with key changes taxypayers will see this year. Here's what you ...
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Scammers take advantage of tax season by posing as IRS
Scammers are trying to get a jump on tax season. They know that between now and the middle of April, most of us will have ...
IRS to start accepting tax returns on Jan. 27. Here's when you could get your refund.
The IRS said it will begin accepting tax returns on Jan. 27, although it also opened its Free File service on Jan. 10. The IRS Free File program, which is offered through tax software companies, is ...
IRS Issues Tax Update for Millions on Family and Medical Leave Programs
The Internal Revenue Service (IRS) has issued new advice regarding the federal tax treatment of state-paid leave programs for ...
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US Treasury and IRS Unveil Proposed Regulations for Commercial EV Tax Credit, Sparking Questions on Recapture Provisions
On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of ...
No New IRS Agents? What Trump’s Federal Hiring Freeze Means for Your Tax Return
Could customer service suffer? With fewer staff to handle the agency's many phone calls during tax season (reportedly about ...
Why IRS Will Owe Some Americans Extra Money on Top of Tax Refund
If a tax refund is delayed by more than 45 days, the IRS is legally required to pay interest on top of the refund. While this ...