40% Transfer Tax: IRS Final Say On Foreign Gifts, Bequests From ‘Covered Expatriates’
U.S. recipients from former U.S. citizens or long-term residents ("covered expatriates"). IRS finalized the regulations.
Mark your calendars: the first day to file your IRS tax returns is just around the corner
The Inland Revenue Service made the official announcement about tax filing in 2025. Find out what you need to know and get ahead.
IRS announces date tax season will begin. Important tax season deadlines to keep in mind
The IRS announced the date tax season will begin, along with key changes taxypayers will see this year. Here's what you ...
Here’s when you’ll get your tax refunds, IRS says
“The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the Tuesday, April 15 ...
IRS to start accepting tax returns on Jan. 27. Here's when you could get your refund.
The IRS said it will begin accepting tax returns on Jan. 27, although it also opened its Free File service on Jan. 10. The IRS Free File program, which is offered through tax software companies, is ...
House GOP Bill Aims to Abolish the IRS and Rewrite the Tax Code
If enacted, the national consumption tax rate would be a tax-inclusive rate of 23% as of the 2027 tax year. Realistically, ...
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IRS Clarifies How Newly Finalized Tax Rules For Certain Insurers Impact Marijuana Businesses
The Internal Revenue Service (IRS) is offering clarification for marijuana businesses amid a rule change related to reporting ...
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US Treasury and IRS Unveil Proposed Regulations for Commercial EV Tax Credit, Sparking Questions on Recapture Provisions
On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of ...
No New IRS Agents? What Trump’s Federal Hiring Freeze Means for Your Tax Return
The first 10 years of retirement are some of the riskiest for your investments, but channeling your inner Karate Kid may help ...