The IRS recently released a list of 2026 cost-of-living adjustments (COLAs) that include increases to qualified ...
Starting in 2025, crypto exchanges will be required to send you and the IRS a Form 1099-DA, similar to how stock brokers send ...
A notice on top of its website says "the well has run dry." The Department of Agriculture has posted a notice on its website warning that Supplemental Nutrition Assistance Program (SNAP) benefits ...
Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...
The agency has proposed excluding tips received from 'pornographic activity' from a new tipped wage deduction.
While some functions of the agency — including preparing for the upcoming tax season — had continued throughout the shutdown, most were limited after the first week, and restarting them will require ...
The Internal Revenue Service (IRS) hasn’t implemented most of the Government Accountability Office’s “priority recommendations” and is still struggling with deep-rooted operational problems, according ...
IRS announces increased 401(k) and IRA limits for 2026. Last week, the IRS announced that the limit individuals can contribute to their 401(k)s has increased for 2026 from $23,500 to $24,500. The ...
President Donald J. Trump points to the “Key-to-the-City” given to him by Mayor Suarez as he prepares to leave the stage during American Business Forum at the Kaseya Center in Miami, Florida on ...
The U.S. government is getting back up to speed after the longest government shutdown in history. Airports have resumed their full schedules, which is a relief to anyone who’s planning to fly this ...
As the IRS works through the mounting caseload, Legal Tax Defense emphasizes that early action remains the most effective way to prevent long-term complications. “Even during a government slowdown, ...