Taxpayers who make frivolous arguments in Tax Court risk the imposition of penalties by the court of up to $25,000.

Tax refunds are likely going to be supersized in 2026 because of the One Big Beautiful Bill Act, which made major reforms to ...

The notice provides an optional interim simplified method of determining whether a corporation is an applicable corporation for purposes of the corporate AMT and relief from the Sec. 6655 penalty for ...

Here's how the new IRS inflation adjustments are increasing the contribution limits for your 401(k) and IRA in the new year.