One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...

From unreported income to large deductions, here are eight common red flags that could trigger an IRS audit — and how to ...

Draft Rule 172 of the Income-tax Rules, 2026 prescribes hourly fee limits and oversight mechanisms for audit and inventory valuation to ensure transparency and prevent excessive ...

The Internal Revenue Service is warning taxpayers about phony tips, tax credits and other viral advice that will trigger ...

Operating a business on the side can give you valuable tax deductions as well as extra income. However, the Internal Revenue ...

Can you still claim tax relief from previous years? Learn IRS deadlines, rules and when refunds, credits or penalty relief may still be available.

A new federal tax quietly took effect on January 1, 2026, and millions of Americans who regularly send money abroad may not ...

Statewide tax breaks for data center developers are costing Phoenix taxpayers over $12 million in yearly revenue, a new city-sanctioned audit showed.

The IRS is operating with roughly 27% fewer employees this tax filing season than it did last year. And, last July, a major new tax law took effect, containing many new provisions affecting ...

New data shows how a key office hammered by layoffs and cost-cutting referred at most two cases in fiscal year 2025.