Taxpayer received an extension of time, under Section 301.7701-3, of 120 days from the date of this letter to file Form 8832 to elect to be treated as a disregarded ...

Ryan Finley explains why the IRS’s recent advice memorandum on periodic adjustments may signal a significant change in ...

A letter sent to Internal Revenue Service (IRS) employees said those involved in the 2025 tax season won’t be able to accept the buyout President Trump offered federal employees until after the ...

A step-by-step guide to help you fill out a W-4 Nora Carol Photography / Getty Images You're about to begin that much-needed, new job and your employer hands you an IRS Form W-4 to fill out and ...

IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration until May 15th, according to a letter sent Wednesday to all IRS employees ...

If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.

As some Republicans urge President-elect Donald Trump to kill the IRS's free direct-tax-filing tool, Democrats are attempting to preserve it. In a letter to the Treasury secretary nominee, Scott ...

The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...

Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...

Elon Musk, head of the chaos-causing Department of Government Efficiency, made an assertion this week that raised questions in some people’s minds about the status of the IRS Direct File program.

Here's why you need that form for the 2025 tax season and what to do if you haven ... each designated by a single or double-letter code. For example, "D" is referring to 401(k) contributions.

WASHINGTON (AP) — Billionaire tech mogul Elon Musk posted Monday on his social media site that he had “deleted” 18F, a government agency that worked on technology projects such as the IRS ...