WASHINGTON -- The IRS announced last week it is raising the contribution limit for those enrolled in a 401(k) plan in 2025, ...

Year-end is when participants who defer income in nonqualified plans choose how much to squirrel away. The 2025 IRS limits on ...

After two years of delays, the IRS's third-party payment apps reporting change might impact your 2024 tax return.

The final regulations on the sale of property seized by the IRS through a levy for nonpayment of taxes provide a long overdue ...

An IRS summons didn’t violate a man’s Fifth Amendment rights against self incrimination, and the agency doesn’t need to be ...

If you want to avoid complications when filing your U.S. tax return, filing it as soon as possible is highly recommended.

When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.

The dollar limit for catch-up contributions (if age 50 or older) remains the same as the 2024 limit and the IRS announced the catch-up contributions for participants who attain age 60, 61, 62 or 63 in ...

House Republicans are demanding answers about potential retaliation against IRS whistleblowers who brought claims of ...

The IRS announcement comes roughly one week after the agency unveiled dozens of inflation adjustments for 2025, ...

The agency last week announced increases to the standard deduction in its annual inflation adjustments for 2025. For single ...