When a worker retires before paying off a 401(k) loan, the unpaid balance can create problems. For example, a 61-year-old may ...

For taxpayers who are 65 and older, Form 1040-SR offers an easier filing method with larger print and special deductions.

Americans will spend 6.9 billion hours complying with IRS tax filing and reporting requirements in 2026, costing about $387 ...

Photographs of missing children. The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Photographs of missing children selected by the Center may ...

Key takeaways The required minimum distribution (RMD) is the minimum amount that must be withdrawn annually from tax-deferred retirement accounts once the account holder reaches the applicable RMD age ...

Ted Cruz is the junior U.S. senator from Texas and chairman of the Senate Commerce Committee. A Republican, Cruz has maintained a consistently conservative record on economic and social policy while ...

The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits. By Andrew Duehren Reporting from Washington The amount of money ...

IRS Form 1099-DA gross proceeds reporting began for tax year 2025, requiring custodial exchanges to report gross proceeds on crypto sales. The first forms were issued to investors in early 2026 for ...

A recent change in federal tax law is prompting fairs, livestock auctions and Extension programs to alert 4-H and FFA families about how proceeds from youth livestock projects may be reported to the ...

Qualified charitable distributions have become one of the most effective ways for IRA owners age 70½ and older to support their favorite charities while reducing taxable income. Yet, a new IRS ...

The method for filing Forms 1098, 1099 and other information returns with the Internal Revenue Service (IRS) has gone through a major shift. As we reported in 2025, the IRS has launched its new ...

Investors with digital assets like bitcoin and ether often have a difficult time figuring out how much tax they owe on transactions. By one estimate, roughly 32% to 56% of U.S. taxpayers with crypto ...