Criminals combine a real person's Social Security number with other real or made-up details to trick credit issuers.

That means the standard mileage rate for business use is now 70 cents per mile, up from 67 cents in 2024. However, the IRS said that its other standard mileage rates in 2025 will remain unchanged from ...

Deadlines are approaching for employers to report employee exercises of incentive stock options and employee stock purchase plan purchases ...

This month, the Internal Revenue Service says it will distribute about $2.4 billion in outstanding stimulus check funds to ...

The move for a centralised revenue collection measure to allow the Federal Capital Territory Internal Revenue Service (FCT-IRS) to collect all revenues on behalf of the six Area Councils of the FCT ...

The Treasury Department and the Internal Revenue Service have proposed amendments to Circular 230, which governs practice before the IRS. The amendments are the most extensive since 2014, and cover ...

The civil fraud penalty is imposed when the IRS determines that you intentionally falsified your tax return in order to evade ...

Tax season has arrived, and TaxBandits is prepared to simplify year-end filings for businesses, accountants, and tax professionals nationwide. As a trusted IRS-authorized e-file provider, TaxBandits ...

Let us be honest. Filing taxes with the IRS is not easy. Most of the time, you will need to recollect past occurrences and ...

Child tax credits benefit parents and guardians when they file their yearly tax returns and typically provide a set amount per dependent child.

Stay tuned, because the IRS hasn't announced when it will start accepting 2024 income-tax returns. It's a good guess that date's coming soon. Last year, the IRS started accepting tax returns on Jan.

Today’s installment looks at how the ATF regulates gun purchases through tax collection. On Wednesday, Kevin will look at how ...