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

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

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 ...

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 ...

With the turn of the calendar, taxpayers should be preparing to file their 2024 tax returns. The Internal Revenue Service ...

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final regulations that significantly ...