As tax season kicks off in the United States, understanding how long to keep your tax records is crucial. With over 140 ...

While it could be tempting to throw away documents after filing tax returns, doing so could put you at financial and legal ...

It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.

As tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers ...

You've probably heard a lot this month about the government workers who have been affected by the Department of Government ...

The acting chief counsel of the IRS has been removed from his position as Elon Musk’s U.S. DOGE Service seeks access to ...

“Generally, you must keep your records that support an item of income, deduction or credit shown on your tax return until the ...

Elon Musk’s Department of Government Efficiency is shaking up the Internal Revenue Service, running into resistance from career staff as it seeks sensitive taxpayer information. The IRS’s top lawyer, ...

The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...

3. You have a side hustle or a small business and you don't keep good records Small business owners and side hustlers can ...

A recent lawsuit suggests that IRS leaders who refuse to hand over taxpayer information to the Trump administration are being moved out.

The IRS recommends keeping tax records for three years; six years if income was underreported and seven years for bad debt ...