We came to Washington with a similar mission: fight for Florida families, for freedom and for the kind of economic opportunity that lets every American chase their dream. President Donald Trump came ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

Drafts of the 2026 Forms W-2 for American Samoa, Guam, and the U.S. Virgin Islands were released Sept. 17 by the Internal Revenue Service. The draft forms for American Samoa, Guam, and the U.S. Virgin ...

The Internal Revenue Service (IRS) is halting its layoff plan and aims to restaff the agency. “As the IRS works to modernize and implement President Trump’s agenda, including the One Big Beautiful ...

Millions of taxpayers are unable to get through to live help through the Internal Revenue Service's toll-free phone lines, even when the IRS claims its average wait times are only about three minutes, ...

The Trump administration is replacing IRS Commissioner Billy Long, less than two months after the former Missouri Congressman took over at the agency. It's the latest in a string of IRS management ...

A new announcement from the IRS could mean many Americans will receive a higher tax refund next year, as they collect tax breaks included in President Donald Trump's One Big Beautiful Bill Act. The ...

A 2024 study by Qualtrics found that 23% of tax filers expected to go into debt to pay their tax bill, and another 23% said they’d need to take on new debt to resolve it. In fact, IRS data shows ...

IRS 1099 reporting is a critical compliance process in the United States, requiring businesses and financial institutions to report various types of non-employee income—such as payments to freelancers ...

IRS Form 5498 is one of the most overlooked but critically important IRA forms. While Form 1099-R usually gets attention during tax time for reporting distributions, Form 5498 plays a ...