One of the 10 fundamental rights guaranteed to taxpayers by the IRS's Taxpayer Bill of Rights is the right to representation. This means you're allowed to ...
The IRS has issued transitional guidance to auto lenders required to report certain vehicle loan interest for 2025. Under the One Big Beautiful Bill Act, i...
In certain circumstances, investors may be able to deduct losses from theft. To be deductible, the loss must not be reimbursed, such as through insurance. ...
October is National Cybersecurity Awareness Month, a time when the IRS and its Security Summit partners remind us about best practices for protecting perso...
When the federal government shutdown began on Oct. 1, 2025, the U.S. Tax Court announced it would remain open, at least for a limited time. But that time h...
Recently, Sen. Bernie Moreno (R-OH) introduced a bill that could subject some U.S. businesses to a new tax. The Halting International Relocation of Employm...
As 2025 winds down, business owners and managers are ramping up their planning efforts for the new year. Part of the annual budgeting process is identifyin...
The cutoff date for purchasing or leasing a new electric vehicle (EV) to take advantage of the $7,500 EV tax credit was Sept. 30, 2025. But General Motors ...
Taxpayers involved in a dispute with the IRS may want to consider using one of the IRS’s alternative dispute resolution (ADR) mediation programs. These p...
The IRS’s contingency plan called for it to remain open and fully staffed (funded by Inflation Reduction Act money) for at least the first five business ...