This article was published by the IRS. New Schedule 1-A and Form 1040 instructions show how taxpayers will claim important deductions The Internal Revenue Service published, for tax year 2025, a new schedule that taxpayers will use to realize important tax benefits of the One, Big, Beautiful Bill, including no tax on tips, no tax on [...]
IRS Online Account for individuals is a tool that makes it easier for you to manage your personal federal taxes. You can save time by going online instead of calling and waiting on the phone. To get started, go to IRS.gov/account. Once there, click "Sign in to your online account." From there, you can access ID.me, [...]
This article was published by the IRS. The IRS continues to take steps towards transforming the taxpayer experience in several ways. All taxpayers are encouraged to create an IRS Individual Online Account. While this is not a new tool, users are able to access their tax account information securely online and to help protect against identity [...]
This article was published by the IRS. The Internal Revenue Service has announced the launch of a new web page that allows taxpayers to confidentially report suspected tax fraud, scams, evasion, or other tax-related illegal activities, as well as internal-facing improvements that will enhance how referrals are used to stop illegal activity. Improvements to the IRS [...]
It's important to think about natural disasters, like hurricanes and tornadoes, in advance so you're prepared in the event they happen. This includes safeguarding your tax forms and other financial records. Take advantage of electronic recordkeeping. If you own a business, make sure you create a plan for resuming operations after a disaster. The IRS has [...]
