Stay current with the latest IRS announcements and changes.
With the Social Security trust fund projected to run dry by 2032, labor economist Kathryn Anne Edwards has proposed a bold alternative to raising the retirement age: shifting the payroll tax burden onto gig economy giants.
For high-income individuals, Real Estate Professional Status (REPS) is a potent provision. But aggressive AGI reduction on Form 1040 makes it a top IRS audit target. Learn how to navigate the 750-hour baseline and structural landmines.
Learn when gifts to children require IRS reporting, how the annual gift tax exclusion works, when Form 709 is needed, and why most families never owe gift tax.
Demystify Form 1099-R with our comprehensive 2026 guide. Learn how to decode distribution codes, identify taxable amounts, and avoid common tax-filing errors.
When a dependent turns 26, terminating their health coverage too early can trigger massive IRS penalties for Applicable Large Employers. Learn the 'End-of-the-Month' rule.
The IRS has finalized regulations designating certain Charitable Remainder Annuity Trust (CRAT) transactions as abusive 'listed transactions.' Learn who is affected.
Received an IRS Notice CP14? Learn what this balance due notice means, why you might have received it, and the exact steps you need to take to resolve it.
Did you receive a CP53E notice in error? The IRS is investigating reports of notices sent to taxpayers who didn't expect a refund, and the AICPA is collecting examples.
Learn how to effectively stack your charitable contributions to maximize your tax deductions up to the 60% AGI limit for the 2026 tax year.
The IRS has issued new guidance on how Circular 230 duties apply to tax practitioners using Artificial Intelligence, emphasizing human oversight and data privacy.