If a couple gets separated or divorced, it affects tax obligations. The IRS considers couples married for tax purposes until a final decree is issued. After separating or divorcing, update your Form W-4 with...

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If you still receive federal payments by paper check, you may need to take certain steps soon. Starting Sept. 30, 2025, the federal government will stop issuing paper checks for payments such as tax...

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The IRS has announced it will soon retire its Filing Information Returns Electronically (FIRE) system. FIRE is used primarily by small businesses, self-employed individuals, tax professionals, nonprofits, payroll companies and others to file tax...

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A new Treasury Inspector General for Tax Administration (TIGTA) report says that IRS audits of high-income taxpayers and partnerships increased from fiscal years 2020 through 2023. Although audits of large corporations fell during the...

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If you requested an extension to file your tax return after the April 15, 2025, due date, the extended deadline is Wednesday, Oct. 15. If you have the information you need, you may want...

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In March 2025, President Trump issued an executive order to phase out paper-based Treasury checks, including those for tax refunds, by Sept. 30, 2025. On May 30, 2025, Treasury requested public comments on the...

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How do you know if an email or text message purportedly from the IRS is real? Criminals are increasing their misuse of electronic messages, social media and even U.S. mail to trick taxpayers into...

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Summer is when many people clean out closets, hold yard sales and sell items online. Is that money taxable? If you sell personally owned items, you generally only have to report income if you...

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You may have heard the term “deepfake” in the news. In a recent blog, the Association of Certified Fraud Examiners (ACFE) calls this “synthetic identity.” It’s not new, but it’s growing fast. Using AI...

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