certified VITA tax preparer, IRS annual filing season program participant, and tax writer. ferrantraite / Getty Images Tax settlement firms claim they can drastically reduce or eliminate tax debt ...

Estimates from the IRS reveal a gross tax gap of $688 billion between 2020 and 2021 (its most recent estimate). The tax gap is the spread between what the government thinks it should be collecting ...

Under 29 U.S.C. § 1301(b)(1), all “trades or businesses” under common control with an employer that has withdrawn from a ...

They bought a house from two people from another country. Then the buyers got a letter from the IRS, fining them because a ...

Checks sent to Arizona families in 2023 are subject to federal income tax, a judge rules. Taxpayers were advised to pay with ...

The work is made of epoxy resin and polymer clay as the main materials, we created this product based on a blockbuster movie about an underwater assassin attacked by a fierce shark. 【I need you to ...

Phil Anderson found out his social security number was switched with his late daughter’s, and the government had labeled him ...

Art museums and historical societies. Nonprofit credit unions and labor unions ... but it must be connected to your ...

Learn about NFT taxes and how they apply to buying, selling, creating NFTs to comply with IRS regulations and minimize your ...

Is it too late to correct past FBARs and file amended returns with the IRS? The net is closing in on U.S. taxpayers with ...

The IRS just dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in 2025. From bigger deductions to higher limits on health-related savings ...

The Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can contribute to their 401(k) and other retirement plans to account for inflation. Each year ...