WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed.
Payroll processing requires an EIN, pay schedule, gross pay calculation, deduction management, and tax withholding. Follow these steps to run payroll.
Learn about the Additional Child Tax Credit, including its definition, claiming process, and special circumstances. Discover ...
If you’re self-employed or own a business, you may be wondering if it’s possible to get a mortgage. The short answer is yes, ...
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IRS Eases 1099-K Rules with $20K Limit

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...
Millions of taxpayers have been reminded to file their 2024 tax returns by the end of Wednesday. The Internal Revenue Service (IRS) said the October 15 deadline applies to taxpayers who were granted ...
The IRS walked back previous guidance indicating furloughed employees would receive back pay during the government shutdown Thursday, writing that an agency under the president would provide further ...
Millions of Americans are set to see changes to how much they can deduct, save and claim on their taxes, as the IRS has released its inflation-adjusted tax thresholds for 2026. The updates affect more ...
The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions, along with changes made under the One Big Beautiful Bill Act (OBBBA). The IRS' ...
Missing IRS deadlines can carry financial consequences. Failure to file and pay a tax return on time can result in a penalty of 5 percent of taxes owed for each month or partial month the return is ...
The Internal Revenue Service began furloughing nearly half its staff Wednesday because of the ongoing government shutdown, sparking chaos and confusion among employees as the news rippled through ...
WASHINGTON — Thousands of IRS employees will be furloughed as the partial government shutdown drags on, the tax-collecting agency notified employees on Wednesday. The updated IRS Lapsed Appropriations ...