The Internal Revenue Service has revised and updated the answers it previously provided to frequently asked questions on the 2021 Child Tax Credit and Advance Child Tax Credit.

In Notice 2022-28 the IRS announced that employers can establish tax advantaged programs where employees donate some or all of their unused paid leave for certain relief for victims of the further

The IRS’s proposed hike in enrolled agent (EA) user fees does not take into account the other expenses that individuals incur to obtain a license and could drive qualified individuals from the prof

Thursday, May 12, 2022, from dontmesswithtaxes.com

This headline has spanned across the tax publications, blogs and national news regarding information returns submitted to the IRS for the 2020 tax year.

Virtual currency  We updated the Selling Guide to establish the following requirements for virtual currency (such as cryptocurrencies):

Small businesses play a pivotal role in the nation's economy.

This year’s deadline to file and pay federal income taxes has passed for most people. If a taxpayer is due a refund, there is no penalty for filing late.

The Internal Revenue Service plans to migrate its set of online services for tax professionals to the third-party provider ID.me this summer despite objections being raised in Congress to the authe