This article explains how the green card test and substantial presence test determine whether a foreign individual is taxed as a resident or non-resident alien in the United States. It highlights key ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...

On Jan. 10, 2025, Treasury and the IRS released final regulations (T.D. 10022) addressing the classification of digital content and cloud transactions. Proposed regulations (REG–107420–24) were issued ...

A report from the Treasury Inspector General for Tax Administration found that delayed 1099-R and W-2G filings limit the IRS’s ability to spot refund fraud early.

WASHINGTON (IRS) — The Internal Revenue Service has announced tax relief for individuals and businesses affected by Super Typhoon Sinlaku in the Commonwealth of the Northern Mariana Islands that began ...

The final regulations list more than 70 separate occupations of tipped workers from bartenders to clowns to golf caddies to locksmiths to massage therapists. Tip income involving "service charges" ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Kelvin Murray / Getty Images The IRS sets ...

The IRS has announced that the Filing Information Returns Electronically (FIRE) system will be retired after the 2026 tax year. Beginning with the 2027 tax year, information returns that historically ...

The federal government tested a free, direct online tax-filing program for two years but with the change in administrations shut it down. There are still ways, though, to file your return at no charge ...

The agency still offers a Free File program that works with commercial tax software firms. Some companies also offer free tools for certain filers. By Ann Carrns The federal government tested a free, ...

High-income business owners face increasing IRS scrutiny, here’s what you need to know to avoid common audit triggers. High-income taxpayers filing Schedule C or claiming aggressive deductions are ...

“Audit” is the word that no taxpayer wants to hear from the Internal Revenue Service. Some 24 percent of taxpayers are worried about being audited by the IRS, according to a poll by survey data firm ...