The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill out IRS Form 2441. Here's more: ...

IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer tax rules, exclusions, planning tips.

You can elect to open Trump accounts for children via Form 4547 when filing tax returns this season. Here are the key things ...

Sec. 6752(1)(b) was satisfied by an IRS supervisor’s timely signed approval of penalties against the taxpayer, without any “meaningful review” or “reasoned decision-making,” the Tax Court held.

Tax-related identity theft remains widespread and a potentially serious problem for victims, for whom authorized representatives can provide vital help.

A notice limits methods of meeting a key deadline for project eligibility for two clean energy credits, which recent ...

The North American Industry Classification System, already in use for other tax purposes, replaces a specified manual that ...

Payments including for electricity from electric vehicle stations applied toward the real estate investment trust’s ...

(NEXSTAR) – In 2025, nearly 300,000 Americans used a new electronic system to file their taxes directly with the IRS for free. In 2026, that’s no longer an option. IRS Direct File launched as a pilot ...

Each year, the IRS nudges dozens of tax numbers so ordinary pay rises aren’t secretly taxed away. For tax year 2026—the returns you’ll file in early 2027—those adjustments reflect recent law changes ...