The civil fraud penalty is imposed when the IRS determines that you intentionally falsified your tax return in order to evade ...

Let us be honest. Filing taxes with the IRS is not easy. Most of the time, you will need to recollect past occurrences and ...

That means the standard mileage rate for business use is now 70 cents per mile, up from 67 cents in 2024. However, the IRS said that its other standard mileage rates in 2025 will remain unchanged from ...

Tax season has arrived, and TaxBandits is prepared to simplify year-end filings for businesses, accountants, and tax professionals nationwide. As a trusted IRS-authorized e-file provider, TaxBandits ...

This month, the Internal Revenue Service says it will distribute about $2.4 billion in outstanding stimulus check funds to taxpayers who did not claim a credit they were actually eligible for in 2021.

Stay tuned, because the IRS hasn't announced when it will start accepting 2024 income-tax returns. It's a good guess that date's coming soon. Last year, the IRS started accepting tax returns on Jan.

Today’s installment looks at how the ATF regulates gun purchases through tax collection. On Wednesday, Kevin will look at how ...

The Virginia Community Action Partnership announced that $485,725 has been awarded to 19 coalitions across Virginia to ...

The IRS has released the filling date, deadlines, tax extension procedures and other details required for the 2025 tax season ...

Elon Musk's $112 million donation to an unnamed charity mirrors his 2021 transfer of $5.7 billion to the Musk Foundation.

With the turn of the calendar, taxpayers should be preparing to file their 2024 tax returns. The Internal Revenue Service ...

We recently compiled a list of the Investor Optimism Boosts Jump of These 10 Stocks. In this article, we are going to take a ...