A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.

Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

If you live or work outside the U.S., you have until June 16, 2025, to file your federal return and pay your 2024 taxes.

Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...

Key Takeaways The S&P 500 fell 0.7% on Friday, May 23, 2025, as possible tariffs on smartphones and key trading partners ...

From Common Myths to Smart Solutions, Clear Start Tax Explains How to Handle IRS Debt the Right Way IRVINE, CA / ACCESS ...

House Republicans just passed their version of President Donald Trump’s sweeping tax overhaul and spending cuts bill, but a ...

All U.S. taxpayers, regardless of where they live, must report worldwide income to the IRS. That includes wages, interest, ...

The IRS has lost 31% of its auditors amid a wave of federal layoffs now paused by court order. Here’s what’s happening.

From Tax Bracket Adjustments to New Audit Priorities, Clear Start Tax Helps Taxpayers Navigate the Year’s Key IRS Changes IRVINE, CALIFORNIA / ACCESS Newswire / May 21, 2025 / With major IRS updates ...

On April 17, 2025, the IRS issued Notice 2025-23, which announced its intent to publish a notice of proposed rulemaking to remove Treasury ...

This Tax Alert is the second in a series of monthly alerts that I will issue to discuss tax legislation in 2025 and the ...