Tax

Understanding how gifted money will impact the student’s FASFA is critical.

Barry Melancon is warning that the backlog at the service threatens to make this tax season a difficult one for tax professionals and their clients.

The National Taxpayer Advocate's annual report to Congress sounded alarm bells as millions gear up to file their federal returns.

The crypto industry is flooding Washington with money, snapping up lobbying firms, and building up their trade associations in an effort to curb new rules.

The vast majority of tax and finance leaders see a need for improved technology and data skills in their employees, according to a new international survey.

When filing season begins in two weeks, taxpayers should be prepared for delays as returns and refunds are processed, and for difficulties in reaching the IRS.

The IRS will begin processing and accepting 2021 returns on Monday, Jan. 24, with a filing deadline of Monday, April 18.

Democrats risk losing their edge in key suburban districts amid a stalemate that threatens plans to expand a tax break for well-off homeowners.

The Internal Revenue Service has updated its guidance on claiming the Recovery Rebate Credit and issued a report Friday on how it responded last year to the COVID-19 pandemic.

The Biden administration is poised to specify which cryptocurrency firms will be forced to report reams of customer data to the Internal Revenue Service, said people familiar with the matter.