The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...

A major win for gamblers raises the jackpot reporting threshold to $2,000 next year, officials confirmed this week. For gamblers accustomed to the $1,200 threshold for slot machine jackpots, it’s ...

The tax law that President Donald Trump signed in early July — the One Big Beautiful Bill Act — quietly raised the federal tax reporting threshold for slot winnings from $1,200 to $2,000. This is the ...

More than one-quarter of the agency’s workers have left in the past three months, raising the likelihood of service gaps and processing delays, a report says.

The Trump administration’s 2025 cost-cutting campaign at the IRS was all too successful, according to an internal watchdog report. As a result, the agency may struggle through the 2026 tax season. And ...

The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

The 2025 tax filing season ran smoothly despite thousands of IRS layoffs, but the 2026 tax filing season could be challenging ...

The Trump administration’s 2025 cost-cutting campaign at the IRS was all too successful, according to an internal watchdog report. As a result, the agency may struggle through the 2026 tax ...