The Internal Revenue Service and the Treasury Department released proposed regulations on the clean fuel production credit ...

IRS deadline for key tax forms has passed, and businesses may face penalties for late, incorrect, or missing filings.

You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to ...

Missed IRA RMDs can cost clients thousands, Vanguard research shows. But financial advisors can help erase tax penalties and ...

Retirees who think they can escape the IRS audit machine should think again.

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.

As discussed in our prior blog posting, Canadian companies should be aware that, if they engage in certain “organizational actions” (as discussed below) that affect the tax basis of their securities ...

Retirees aren’t just at risk of losing money to market swings, they can also lose it to avoidable taxes. From missed required minimum distributions and bigger-than-necessary IRA withdrawals to a ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Many people will soon be filing their 2024 tax returns by the ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...