Taxes December 3, 2025
The IRS says planning early is extra important this year because of major changes, such as the One Big Beautiful Bill Act, which can significantly affect federal taxes, credits and deductions.
December 1, 2025
Taxes June 23, 2025
Victims of severe storms that produced flooding and damaging winds in areas of Texas and Mississippi in mid- to late March have more time to file various federal individual and business tax returns and make tax payments, the IRS said.
Taxes June 23, 2025
Improvements made to the IRS Pre-Filing Agreement program will provide greater tax certainty for large business and international taxpayers, the agency announced on June 17.
Income Tax June 23, 2025
The tax shelter involved concealing income and creating false tax deductions through the use of a so-called business trust, family trust, charitable trust and a private family foundation.
Taxes June 17, 2025
Despite changes from the Tax Cuts and Jobs Act (TCJA), military personnel may still claim a deduction for job-related moving expenses. But simply working for the armed forces doesn’t command a deduction.
Taxes June 17, 2025
The proposal, which follows the House’s narrow passage of its own version in May, includes sweeping changes to the tax code.
Taxes June 10, 2025
Those impacted by the wildfires that destroyed at least 530 homes and businesses in parts of Oklahoma last March will now have until Nov. 3, 2025, to file various federal individual and business tax returns and make tax payments.
Taxes June 5, 2025
The IRS just released its annual “Data Book” providing vital information about the agency’s activities for its 2024 fiscal year (FY2024) spanning October 1, 2023, through September 30, 2024 .
Taxes June 4, 2025
There has been a lot of talk in hockey circles recently how a select group of teams possibly have an upper hand in the NHL because they play in states without an income tax.
Taxes June 3, 2025
The IRS completed a "successful 2025 filing season" with 87% of taxpayer phone calls answered by customer service representatives and average wait times of three minutes, the agency said last week, despite workforce reductions and leadership changes that have put the IRS at times in a state of turmoil.
Taxes June 2, 2025
Frank Santucci Sr., owner of Santucci’s Original Square Pizza, agreed to plead to two counts of tax evasion and two counts of filing false tax returns for failing to pay nearly $375,000 in taxes, federal court records show.
Taxes May 28, 2025
Peter Tarantino, who was convicted of helping reality TV stars Todd and Julie Chrisley evade taxes and sentenced to three years in prison, says he plans to ask President Donald Trump to pardon him, too, a day after the couple found out they’d be freed.
Taxes May 27, 2025
The tax bill that passed the House and is headed to the Senate includes a provision to end the IRS Direct File program.