The U.S. Treasury Department and the Internal Revenue Service (IRS) have issued the final regulations for retirement ...

These schemes often involve the misuse of tax credits that are only available in specific situations, such as the Fuel Tax ...

The tax agency slimmed down its strategic IT initiatives from 23 to nine and has promised to release “new strategic plans” ...

The IRS also signaled flexibility for early adopters. While the mandate doesn’t formally apply until 2027, plans can implement the Roth catch-up rule earlier if they follow a “reasonable, good faith ...

The final rules around catch-up contributions in Roth retirement accounts, as well as contribution limits, will generally ...

The Internal Revenue Service is the revenue service of the United States federal government, which is responsible for collecting taxes and administering the Internal Revenue Code, the main body of the ...

WASHINGTON D.C. – The Internal Revenue Service (IRS) issued a scam warning for tax filers nationwide. On Jul. 3, the IRS warned taxpayers about a new scam involving improperly claimed clean energy tax ...

The IRS is set to revolutionize tax refunds by phasing out paper checks by September 30, 2025. This shift to digital payments ...

The IRS faces a second wave of workforce reductions, deepening cuts that began in May. With nearly 28% of its workforce ...

The Internal Revenue Service will close its Taxpayer Assistance Center in Owensboro at the end of November. The office, located in the Corporate Centre complex on Frederica Street, will shut down ...

The Internal Revenue Service (IRS) is holding a hiring event to fill more than 220 vacancies at its Kansas City, Kansas, ...

A federal tax court ruled in 2024 that the fund for Hyatt's loyalty program was subject to taxation, which the hotel giant ...