The Latest Breaking News from IRS

The Biden administration has unveiled what it calls the largest community solar effort in U.S. history, enough to power 140,000 homes and businesses in three states

The IRS unveiled its much-anticipated strategic operating plan detailing how the agency will spend $80 billion in funding allocated over 10 years under the Inflation Reduction Act.

Filing for a tax extension is sometimes unavoidable

A watchdog complaint filed with the IRS presents an accounting of the money paid to Leonard Leo’s for-profit businesses

One of the many questions raised by cryptocurrency is how to tax this new world of digital assets. It poses real tax evasion concerns.

Historically, April is tax time. (We will hold briefly for boos.) But there is a silver lining. Two, actually: Most people don’t need to pay for special software to file them. And if you’re fortunate enough to be a Californian, your state and federal taxes probably aren’t due until October.

All you have to do is make a case you’re using it for business, which turns out to be surprisingly easy

People directly impacted by the devastating Arkansas tornado and severe storms have more time to file their federal and state tax returns.

We ask ChatGPT a financial question about tax-filing deadlines, extensions and refunds. See what a human expert thinks of the AI answer.