The IRS has unveiled a comprehensive plan to prevent businesses and wealthy individuals from manipulating asset values to reduce tax...

Are you frequently hitting the road (or the skies) for work this summer? If so, you might be able to deduct these travel expenses from...

Summer is typically a time for relaxation, vacations, and enjoying the sunny weather. However, it's also an excellent opportunity to...

Taxpayers should be vigilant about companies operating "OIC mills." The Offer in Compromise (OIC) program is an excellent option for...

If you are a homeowner who has invested in making your home more energy efficient, you may be eligible for valuable tax credits to help...

In times of disaster, the average taxpayer must be vigilant against fake charities. It is natural for people to want to donate to help...

When a disaster like a tornado strikes during tax season, the IRS can authorize tax relief for the victims. The process begins with a...

If you work or live outside the U.S., you have until June 17 to file your income tax return with the IRS. This deadline applies to U.S....

You shouldn’t count on AI to do your taxes anytime soon. Despite the rise of AI chatbots, relying on them for comprehensive tax...

The IRS has unveiled an eagerly awaited update to its Strategic Operating Plan (SOP), a comprehensive blueprint delineating the pivotal...