The program faced criticism from Republican lawmakers, and from commercial tax preparation companies, which have made ...

The IRS Direct File will not be available for the upcoming tax filing season. However, other programs like the Free File and ...

IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed.

Indicted New York Attorney General Letitia James repeatedly listed her Virginia home as an “investment” property in financial disclosure forms – despite allegedly making false claims to a bank to ...

The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

The University of Miami (Fla.) paid football coach Mario Cristobal $22.7 million in 2022, including $7.7 million in base pay and $14.9 million in “other reportable compensation,” according to a ...

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 ...

Two Los Angeles County Sheriff’s Department (LASD) deputies face federal charges for using their positions as law enforcement officers to intimidate and harass private citizens while moonlighting as ...

As agencies enter a new White House-directed era of data sharing, an IRS watchdog is highlighting a cautionary tale involving the transfer of inaccurate tax information that may have impacted millions ...