The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.

Private tax information about Donald Trump, Elon Musk, Jeff Bezos, Warren Buffett and Michael Bloomberg, among others, was ...

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released ...

Thanks to changes to the tax laws, 2026 gives taxpayers a chance to take a fresh look at their charitable giving. Whether you’re donating cash, stock or money from your retirement account, a little ...

The IRS urges taxpayers to get organized now to take advantage of changes under the One Big Beautiful Bill Act (OBBBA) that could impact tax deductions and refunds in the next tax filing season. As ...

The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and other payers. However, rather than require more reporting this late in 2025, the IRS is ...

The IRS has announced the annual inflation adjustments for the year 2026, including tax rate schedules, tax tables and cost-of-living adjustments. These are the official numbers for the tax year ...

The IRS has released new guidance on updates to Health Savings Account (HSA) as part of the One Big Beautiful Bill Act (OBBBA). OBBBA expanded eligibility for HSAs and updated high-deductible health ...

President Donald Trump has a new pitch for taxpayers, and it sounds simple enough: Send everyone a $2,000 per person tariff "dividend." Trump pitched the idea on social media over the weekend, posting ...

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.

Once the highest paid baseball player on Forbes’ top paid athletes list, Strawberry had a history of personal, legal and financial woes. Now he’s a minister. Darryl Eugene Strawberry, who spent 17 ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law. Here’s a look at the answers to some of your questions about the new deduction.