The Internal Revenue Service has opened a 90-day public comment period, ending March 22, for proposed updates to its Voluntary Disclosure Practice, including a more streamlined penalty framework.

The Internal Revenue Service announced tax relief for individuals and businesses in Washington state affected by severe storms, straight-line winds, flooding, landslides and mudslides that began Dec.

It's troubling that the Senate isn’t working towards a compromise solution, as expiring subsidies negatively affect millions ...

Recently, when determining if an Offer to Compromise would be appropriate in one of our cases, we were reminded of its strategic value. After careful consideration, we concluded that making an Offer ...

The IRS has released its guidance for the "no tax on tips" and "no tax on overtime" provisions of the One Big Beautiful Bill Act (OBBBA), for workers who can claim the deductions for the 2025 tax year ...

Logan Allec, CPA is the founder, owner and president of tax relief services company Choice Tax Relief, which serves clients nationwide. When taxpayers fall behind with the IRS, obtaining "tax relief" ...

The IRS is boosting retirement plan contribution limits in 2026, allowing Americans to put more money in their tax-preferred 401(k) and individual retirement accounts. The tax agency, which announced ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...

Coalition partners reach compromise over military service rules Hybrid system to be built round voluntary service Merz pledge to assemble Europe's strongest conventional army BERLIN, Nov 13 (Reuters) ...

The Senate passed a procedural measure that advances compromise funding legislation to end the longest U.S. government shutdown in history, when a group of moderate Democrats broke ranks with party ...

The US Internal Revenue Service (IRS), the country’s tax-collection bureau under the Department of the Treasury, updated its guidance for cryptocurrency exchange-traded products (ETPs) to include a ...

On the Senate floor earlier today, Senator Gary Peters (D-MI) urged his Republican colleagues to accept the Democrats' offer to reopen government in exchange for a one-year extension of the ACA tax ...