Tax

Elon Musk, the billionaire CEO of Tesla and SpaceX, is now the richest person in the world, surpassing former titleholder and Amazon chief Jeff Bezos with a net worth of $189.7 billion, according to Forbes’s real-time billionaire net-worth estimates ...

Starting this week, the Treasury Department and the Internal Revenue Service are sending approximately 8 million second Economic Impact Payments (EIPs) by prepaid debit card.

A cloud sales tax returns solution designed exclusively for accounting firms, MRA enables firms to extend their practice with automated sales tax preparation and filing services, to provide clients with the benefits of a fully managed returns service.

The past year has brought with it some significant changes to the way the world does business. Kitchens, bedrooms and living rooms have become offices. Conference rooms have been replaced with online meetings. While many have settled into ...

The 2020 Annual Progress Update has been released, describing the agency’s work delivering taxpayer service and compliance efforts during COVID-19 while spotlighting actions taken by IRS employees to help people during the challenging year.

Are you still waiting to get your second economic stimulus payment from Uncle Sam? You may have to wait a little longer because of a glitch in the system for some users of tax refund loan services.

The Treasury Department and the Internal Revenue Service have issued guidance allowing deductions for the payments of eligible expenses when such payments would result (or be expected to result) in the forgiveness of a loan (covered loan) under the ...

"Electronic filing will make the Form 1024-A application easier to complete while reducing errors," said Edward Killen, Acting Commissioner of the IRS Tax Exempt and Government Entities division.