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Selling silver can trigger IRS reporting, but when and how it happens depends on what you sell and how you do it.
Treasury posted a lapsed appropriations contingency plan late last week that calls for the IRS to be fully staffed through Friday during the partial government shutdown.
The IRS confirmed that a one-time $1,776 payment sent to about 1.5 million Americans is tax-free. Learn who received the money, why it won’t be taxed, and what it means for your 2025 tax filing.
Federal income tax returns for 2025 must be filed by April 15, 2026.
President Trump said he is considering settling his $10 billion lawsuit against the IRS and donating the proceeds to charity.
Payments of $1,776, a figure honoring America’s 250th birthday in 2026, totaled $2.9 billion, and were dubbed a “one-time basic allowance for housing supplement.” As tax deadline approaches, the IRS recently released a press release noting that the payments are not taxable.
Limited partners are not subject to self-employment taxes in a case recently decided by the Fifth Circuit Court of Appeals.
The Internal Revenue Service and the Treasury Department released proposed regulations on the clean fuel production credit under the One Big Beautiful Bill Act.
WASHINGTON (AP) — Legal experts say President Donald Trump’s $10 billion lawsuit against the IRS over the leak of his tax information raises a plethora of legal and ethical questions, including the propriety of the leader of the executive branch pursuing scorched-earth litigation against the very government he is in charge of.
Some taxpayers could see "greater challenges" during the 2026 filing season, according to the national taxpayer advocate. Here's what filers need to know.