The tax return using ITR-U (updated return) can be filed regardless of whether the taxpayer filed an ITR in the relevant ...

Although Direct File will no longer be available in 2026, there are still numerous online tools and apps that offer free tax ...

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to ...

States that embrace all of Trump's tax cuts could provide hundreds of millions of dollars of annual savings to certain residents and businesses. But that could financially strain states, which are ...

A new IRS reporting rule will affect crypto users starting in 2025, changing how digital asset activity is tracked and ...

A panel of appellate judges seemed skeptical during last week's oral arguments that the Trump administration erred in relying on a decades-old statute to require millions of noncitizens ...

Today's global workers and their employers are at risk of triggering US tax and compliance obligations. The stakes are high for CPAs serving global ...

Accounting is riding a steady wave of tax prep work and individual and business tax consulting, according to a new survey — but challenges loom in the form of pricing questions (and intense internal ...

To tax tips or not? That is a question that will confront lawmakers in states across the U.S. as they convene for work next ...

Parents who put money into their children’s “Trump Accounts” might face a headache come tax time: Even the smallest ...

Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.

Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.