News

The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...
Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...
The almost 900-page bill has plenty to say about taxes, and an array of changes, new credits and deductions are part of the ...
Slot machine players just caught a break. The tax law that President Donald Trump signed in early July — the One Big Beautiful Bill Act — quietly raised the federal tax reporting threshold for slot ...
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
Payment platform reporting tops Americans' tax concerns in 2025. Learn how changing IRS thresholds for platforms like Venmo ...
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
The IRS says pastors who endorse political candidates from the pulpit should not have to risk losing their tax-exempt status. The move effectively calls for a carve out for religious organizations ...
Eliminating taxes on Social Security benefits is missing from President Trump’s tax overhaul. Here’s why and what an ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.