IRS

The nation's tax collector decided that it won't tax state rebates and refunds issued last year, just one week after telling taxpayers to hold off on submitting a federal return.

The agency said unexpectedly that it was still deciding whether state rebates to taxpayers were taxable income.

New IRS rules that allow a surviving spouse more time to file for an estate tax benefit and higher audit rates for wealthy individuals are just two developments for advisors to note.

The IRS has compiled a list of mistakes they often see on tax returns.

The service unveiled a long-awaited online portal where businesses will be able to file their 1099 information returns for free.

Tax pros who have begun working on their clients' returns are encountering a slight change in wording at the top of Form 1040.

The 2023 season just opened, but you should still plan now for next year.

A chief counsel memo says taxpayers who want to claim tax deductions for donating cryptocurrency need to first receive a "qualified appraisal" if the amount exceeds $5,000.

The Internal Revenue Service pledged to improve taxpayer service this year.

Amid the end of pandemic credits and investment losses, filing a federal return this year has sobering moments.