The IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...

“While raising the slot reporting threshold to $2,000 is a step in the right direction, it is still inadequate," Titus, a ...

The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...

The slot reporting threshold is governed by an IRS regulation, so the change will not go into effect until the agency updates ...

Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...

The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.

Several impactful tax changes are already in force for 2025 under the One Big Beautiful Bill. Here's what taxpayers need to ...

The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...

If someone is recommending an easy "tax hack," this should be a sign to stop and do your research, or get professional advice ...

President Trump said he's "thinking about" eliminating capital gains tax on home sales. Here's what that would mean for the ...

While the delay provides relief for brokers, the IRS remains committed to improving tax compliance in the digital asset space. The agency has emphasized that taxpayers still have an obligation to ...

The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While ...