Last year’s One Big Beautiful Bill Act made permanent the suspension of most miscellaneous itemized deductions for individual taxpayers. Before the 2018 ...
Do you want to dispute an IRS assessment or action? You have the right to escalate the dispute to the Independent Office of Appeals. This independent forum...
Beginning in 2026, employers can claim a tax credit for a portion of premiums for paid family and medical leave (PFML) insurance policies, instead of for a...
The IRS is changing multilingual taxpayer services under Executive Order 14224. Non-English web pages now include a notice that English versions are the au...
If you earn money as a notary public, mobile notary or notary signing agent, take note: Only some of your income is subject to the self-employment tax. Fee...
Most people who are financially able to donate like to support charitable causes they care about. But be careful! Fraud perpetrators have long taken advant...
Do you own rental property? You may be able to avoid having your rental real estate treated as a passive activity — and the negative tax consequences tha...
Your vacation home may open the door to charitable giving tax breaks. But following the rules can be challenging. A donation of short-term use of the prope...
Trust Fund Recovery Penalty: What Business Owners Need to Know If you’re responsible for collecting, accounting for or remitting federal taxes withheld ...
With an exemption amount of $15 million per individual (generally $30 million for married couples), the federal estate tax doesn’t apply to many people i...
