IRS audits can be triggered by errors in income, assets, deductions, or crypto. Accuracy, honesty, and proper records are the ...

More than $9 billion in financial crime was uncovered by IRS criminal investigations in 2024, with offshore accounts starring in many of the cases. Plus, the U.S. government's reach now extends well ...

The IRS can be a sinister foe. The federal government's tax collection service has plenty of tools at its disposal when seeking to impose tax obligations on American citizens. There are a number of ...

Navigating the complexities of Required Minimum Distributions (RMDs) is crucial for IRA account holders aged 73 and above.

Navigating the complexities of Required Minimum Distributions (RMDs) and lottery winnings can be daunting. Both have significant tax implications that can impact your financial planning.

The agency has said thousands of taxpayers have filed inaccurate returns after following misleading social media advice.

If you inherit a tax-deferred retirement account, like an IRA or a 401(k), you’ll pay income taxes on the money when you ...