Sycamore businesses will be required to share state tax documents with the city next year, following a unanimous vote from ...

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...

Beginning on Jan. 1, the threshold requiring slot players to instantly file their winnings with the IRS at a casino increases ...

Every December, workers blame the IRS for shrinking bonuses. But bonuses aren’t taxed differently than your regular ...

Starting next year, casinos must report slot jackpots of $2,000 or more, up from the current $1,200 threshold, as stamped by ...

Tax season is coming. Find out the new 2025 minimum income thresholds to see if you are required to file a federal tax return ...

Father and son tax preparers from D.C. are indicted on 24 counts for an alleged IRS fraud scheme involving false tax returns ...

A long-awaited update to slot jackpot tax reporting included in the One Big Beautiful Bill Act will take effect in 2026, the Internal Revenue Service confirmed this week.

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

Learn how the Innocent Spouse Rule provides relief from tax errors made by a spouse, eligibility criteria, filing ...

West Texas Intermediate was below $57 a barrel in thin trading ahead of the Christmas and New Year holidays, sliding as ...

Discover the role and tax requirements of household employees, such as nannies and housekeepers, and learn how they differ from independent contractors.