In 2024 and 2025, the IRS prevented $7 billion in fraudulent tax refunds and used identity theft filters to flag about 7.5 million tax returns for addition...
If you receive a letter from the IRS, don’t discard it! Most IRS letters or notices relate to federal tax returns or tax accounts. A letter may reference...
The IRS is offering a limited-time settlement opportunity for eligible taxpayers involved in conservation easement disputes. A conservation easement genera...
The IRS and other federal agencies have proposed new rules that could expand employers’ ability to provide fertility benefits to employees as early as pl...
Importers awaiting tariff refunds should ensure their banking information is up to date, because some payments are on hold pending account verification. Ap...
Do you care for a relative or someone else and receive Medicaid waiver payments (MWPs) as compensation? These payments are generally tax-exempt. For you to...
The American Institute of CPAs (AICPA) has weighed in on the 2026 tax filing season. In a recent letter to the U.S. Senate Finance Committee, it largely co...
The IRS categorizes a tax return containing inaccuracies that could lead to overstated credits or understated income as “potentially abusive.” It label...
As the cost of gasoline continues to rise, President Trump is calling for a temporary suspension of the federal gas tax. Currently, the national tax is 18....
When a husband or wife dies, the surviving spouse may eventually face a higher income tax bill. Why? Filing status shifts from married filing jointly to si...