As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

As the October IRS deadline approaches, taxpayers face changes in filing options and rules that could affect millions of ...

The IRS will phase out the use of paper checks for refunds beginning Sept. 30 and will publish detailed guidance later.

Residents of North Carolina have until Thursday to file and pay certain state and federal taxes. This comes after the ...

The IRS will phase out paper refund checks starting Sept. 30, 2025. Millions of Americans must switch to direct deposit or ...

The IRS has issued a private letter ruling on Section 42(g)(1)(C), granting the the taxpayer an extension of time to make the average income minimum set-aside election for their housing ...

Beginning on Sept. 30, 2025, paper tax refund checks will be phased out of use, as required by Executive Order 14247. This change is the first step in the IRS and the U.S Department of the Treasury’s ...

President Hyderabad Chamber of Small Traders and Small Industry (HCSTSI), Muhammad Saleem Memon has called upon the Federal Minister for Finance and Revenue and the Chairman of the Federal Board of ...

The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...

The Internal Revenue Service announced two major updates last week, extending tax relief for farmers and ranchers impacted by drought and launching a plan to phase out ...