But right after the IRS announced employee furloughs (1), it released important news without much fanfare: updated tax ...

An Illinois doctor has been sentenced to 34 months in prison for committing health care fraud, hiding assets, and lying to the IRS about his ability to pay approximately $1.6 million in taxes, ...

Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.

After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes.

MONTGOMERY, Ala. (WSFA) - Tuesday is the deadline to file state taxes in Alabama. Troy University Assistant Professor of Accounting Dr. Dena Mitchell says while the process can be complicated, it’s ...

Staff have begun working through the backlog of correspondence and messages, and are expected to begin reaching out to tax ...

The federal tax agency announced the new brackets in October, which are typically adjusted each year to account for inflation. Standard deductions — which reduce the amount of income subject to being ...

If you're paying a tax preparer to handle your taxes for you, make sure they have this official ID number. Otherwise, you ...

The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...