The Latest Breaking News from IRS

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A judge in Virginia has accepted a guilty plea in what prosecutors say was an elaborate double-murder scheme involving a Brazilian au pair, an IRS agent, a pediatric nurse and a man who had been lured into their home with promises of rough sex

Tax brackets and standard deductions have increased for tax year 2025. Here's how it affects you.

The IRS just increased the exemption as we enter what could be the final year of TCJA.

In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable adjustments include updates to long-term capital gains brackets, estate and gift tax exemption limits, and eligibility criteria for the child tax credit.

Notable adjustments include updates to long-term capital gains brackets, estate and gift tax exemption limits and eligibility criteria for the child tax credit.

An LLC can prevent problems with assets within the LLC from affecting assets outside the LLC, but there are limits to asset protection.

The IRS has announced its new federal income tax brackets for 2025. Here's how you'll be impacted.

U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns