Our Federal Tax Group explains the new standardized Form 15620 that taxpayers can use when receiving property that is subject to a “substantial ...

ProPublica’s “Secret IRS Files” series contains examples of billionaire financiers who avoided Medicare tax despite earning ...

With P88.2 billion in tax losses from the use of fake person with disability (PWD) identification cards (IDs) in 2023, the Bureau of Internal Revenue (BIR) will launch a nationwide crackdown on the ...

The Internal Revenue Service is adding more features to the Tax Pro Account, Business Tax Account and Individual Online ...

Cryptocurrency is still unregulated and doesn't qualify as a security but that doesn't mean it can't be taxed. Find out how ...

Anyone who earned over $5,000 in income through third-party apps will receive a 1099-K tax form to file with your tax return.

Most working Americans have to pay Medicare taxes, but some of Wall Street’s richest figures found a way to opt out.

Republican Representatives have called on President-elect Trump to end the IRS' Direct File program, saying the program is ...

BILL Holdings Inc. has unveiled new 1099 filing software for small and midsize business owners. The new software will allow ...

For the last 25 years, the Treasury Inspector General for Tax Administration, known as TIGTA, oversaw the IRS as they kept ...

This is not the first time the IRS has delayed the reporting requirement, having done so in 2022 and then again in late 2023 ...

Two active duty U.S. Army soldiers pled guilty to obtaining fraudulent COVID-19 relief loans while stationed at Fort ...