By signing this form, you grant an authorized representative, such as a tax attorney, CPA, or enrolled agent, the ability to manage certain aspects of your tax affairs with the IRS. Since your tax ...

All pages of Form 6251 are available on the IRS website ... The AMT collected $4.7 billion in 2019, about 0.3% of individual income tax revenue but significantly less than the $36.2 billion ...

As a U.S. taxpayer, one of the last things that you want to hear is that the Internal Revenue Service (IRS) has disagreed ...

A Woodbridge man was sentenced Thursday to 12 months and a day in prison for filing false tax returns, said U.S. Attorney ...

U.S. District Court Judge Murray Snow tossed out claims by state Attorney General Kris Mayes that the one-time payments last year — up to $750 per family — were exempt ...

The implementation of the Internal Revenue Service's "$600 rule" is being postponed until next year, giving affected taxpayers one more year before they may start receiving tax forms triggered by ...

You may picture a tax audit like a scene in the ... As of May 2022, the IRS had audited only 0.2% of taxpayers with 2019 income of $25,000 to $500,000. Even taxpayers earning from $500,000 to ...

Keep in mind that you’re not the only one who receives these forms – the IRS is getting copies, too. Here’s everything you need to know about 1099s at tax time. A 1099 is a tax document that ...

Source: The College Investor Are scholarships taxable? You may be surprised that not all scholarships to pay for college are ...

A Federal Trade Commission (FTC) lawsuit seeking changes for consumers who use H&R Block’s online tax filing services. H&R ...

The Internal Revenue Service (IRS) recently published its projections of the “tax gap” – the difference between taxes owed to and collected by the federal government annually – for tax year 2022, as ...