Missing IRS deadlines can carry financial consequences. Failure to file and pay a tax return on time can result in a penalty ...
The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...
The IRS has funds to keep the agency working for the first five days of a government shutdown. Taxpayers who received an ...