The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.

A revised global agreement preserves a 15% minimum corporate tax while exempting U.S. multinationals from key enforcement ...

The IRS urges taxpayers to get organized now to take advantage of changes under the One Big Beautiful Bill Act (OBBBA) that could impact tax deductions and refunds in the next tax filing season. As ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law. Here’s a look at the answers to some of your questions about the new deduction.

The IRS has announced the annual inflation adjustments for the year 2026, including tax rate schedules, tax tables and cost-of-living adjustments. These are the official numbers for the tax year ...