By signing this form, you grant an authorized representative, such as a tax attorney, CPA, or enrolled agent, the ability to manage certain aspects of your tax affairs with the IRS. Since your tax ...

Tax settlement firms claim they can reduce or even eliminate the amount you owe to the IRS. Find out the facts behind this ...

As President-elect Donald Trump prepares for office, questions loom around how his sweeping tax policy proposals will shape ...

International Monetary Fund. Middle East and Central Asia Dept. "Libya: Technical Assistance Report-Redesign of Income Tax Forms", Technical Assistance Reports 2024 ...

Understand whether unemployment benefits are taxable, how to report them on your tax return, and tips for managing your tax ...

You’re now a member of a bigger and stronger fund. We have a service transition period in place until 21 November. Go to the merger hub for all the details.

The Canada Revenue Agency (CRA) says it will offer arrears interest and penalty relief to corporations and trusts affected by ...

Learn about tax deductions, what you can deduct, and how deductions work to lower your taxable income. Maximize your tax ...

Update (Nov. 8, 2024): The IRS has officially introduced its new form for the Section 83(b) election, Form 15620. Here’s some election news that doesn’t involve politics. An important ...

The IRS will end its practice of automatically assessing penalties for the late filing of forms dealing with foreign gifts and bequests, a change long advocated by the AICPA and the Taxpayer Advocate ...

giving affected taxpayers one more year before they may start receiving tax forms triggered by the new lower reporting threshold. Essentially, if you use a third-party payment platform ...

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts and inheritance bequests too late and it will start reviewing the ...