This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.

In 2021, the difference between what U.S. taxpayers owed the federal government and what they paid hit nearly $700 billion.

Year-end is when participants who defer income in nonqualified plans choose how much to squirrel away. The 2025 IRS limits on ...

Contribution limits for 401(k) and other workplace retirement plans rise for 2025. Sixty- to 63-year-olds get a super ...

When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.

Maryland has paid $5.4 million to the Internal Revenue Service after a rare IRS audit found the state owed millions of ...

The agency last week announced increases to the standard deduction in its annual inflation adjustments for 2025. For single ...

House Republicans are demanding answers about potential retaliation against IRS whistleblowers who brought claims of ...

The IRS announcement comes roughly one week after the agency unveiled dozens of inflation adjustments for 2025, ...

The Internal Revenue Service on Friday announced the 2025 contribution limits for 401(k) and Individual Retirement ...