As the 2025 tax season kicks off, the IRS may start sending letters to taxpayers eligible for the Child Tax Credit and ...

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

Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with IRS.

If a tax payer does not pay their tax bill in full, the IRS will send a "demand for payment" letter. If not paid, a lien will come next that is dated from the date of assessment. This lien becomes ...

Outgoing presidents traditionally leave a letter for the incoming president. Former President Joe Biden wished President Donald Trump "all the best for the next four years" in the letter he left ...

Jan 21 (Reuters) - U.S. President Donald Trump on Tuesday said former President Joe Biden left him a "nice" letter inside the Resolute Desk at the White House, continuing an inauguration day ...

Seventeen years after Congress enacted IRC Section 2801, the IRS (finally) released final regulations implementing the law on Jan. 10, 2025. It’s been a long wait. The regulations clarify (to a ...

The 2025 tax filing season will begin Monday, Jan. 27, the Internal Revenue Service announced earlier this month. The agency said in a statement it expects more than 140 million individual tax ...

Biden wrote Trump a letter but did not disclose what his message said. As President Joe Biden prepared to pass the baton to President-elect Donald Trump, he followed the tradition of leaving his ...

Biden was the seventh president to continue the modern tradition of leaving a letter to his successor. Biden was the sixth president to leave a letter to a successor of another political party and the ...

WASHINGTON—IRS Commissioner Danny Werfel said he would resign with nearly three years left in his term, leaving the government Monday rather than waiting for President-elect Donald Trump to ...