Tax

National Taxpayer Advocate Erin Collins is urging the Internal Revenue Service to expand online services for taxpayers, tax professionals and businesses while reducing its reliance on paper to improve taxpayer service.

'There have been some tax seasons when I questioned my intelligence for choosing this profession, but this one didn’t give me that feeling,' said one preparer.

Only a tiny fraction of those who could file their taxes for free are actually accessing the no-cost program, according to a new watchdog report.

The challenge seeks reversal of an April 25 finding that Trump violated a court order to hand over records to New York Attorney General Letitia James.

A key incentive is set to go away, sparking a rush by companies to lock down the tax breaks.

The Internal Revenue Service revised its answers to frequently asked questions on the Child Tax Credit, adding a new set of six commonly asked filing season questions.

No matter which way fintech companies go, the tax world will be more value-driven, transparent and accessible.

The Internal Revenue Service appointed Lia Colbert as the new commissioner of its Small Business Self-Employed Division to oversee the IRS’s collection activities and the examinations of most businesses in the U.S.

Tips and considerations for accountants abound after tax season.

Musk is using a strategy favored by many billionaires — borrowing against highly appreciated stock to get cash without having to sell.