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Institute sent a letter requesting an extension on a deadline for disclosing information about transactions that the IRS ...
Plus: Soccer under the tax microscope, understanding why you might not be getting a refund, ChatGPT, tax audit statistics, ...
An audit occurs when the IRS chooses to review a taxpayer’s accounts and financial information to ensure the taxpayer reported all required income and followed all tax laws. The IRS typically audits ...
Below are five common missteps that often catch crypto investors off guard — and how you can stay compliant. Neglecting ...
One of the biggest mistakes you can make is missing the tax filing deadline or, worse, not filing at all. The IRS imposes ...
An IRS contractor leaked tax info on Donald Trump, Elon Musk, Warren Buffett, Jeff Bezos and others. Now, leak victim David ...
Supporters of the proposed legislation say it addresses a long-standing gap in taxpayer communication, reducing confusion.
A foreign tax redetermination may require taxpayers under Large Business and International Division examination to notify the ...
Learn how to file your crypto taxes in the US for the 2024–2025 season. Understand IRS rules, reporting requirements and ...
Audit protection is a service most tax preparation companies advertise as an upsell to help you if you get a notice from the ...
The IRS has issued a crucial warning for taxpayers during the 2025 tax season. Understanding the circumstances that could ...