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

The Internal Revenue Service (IRS) has announced that it will be making it "easier" for whistleblowers to report tax noncompliance to the IRS, through the launch of a new digital form. The American ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Khadija Khartit is a strategy, investment, and funding expert, and an ...

Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.

How much you owe the IRS at tax time is determined by the tax brackets you're eligible for. For tax year 2025 (filing in 2026), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Each ...

Long-term capital gains tax rates encourage holding assets for over a year to reduce tax liabilities. Short-term capital gains are taxed as ordinary income, potentially increasing tax burden for ...