Central organizations at nonprofits with local affiliates are now required to file a new form with the IRS to maintain their ...

Advisors frequently misfile partnership returns for grantor trusts holding LLC interests despite clear IRS guidance on ...

It may take several years for this issue to be settled on appeal, but if you want to preserve your right to a refund while ...

TaxZerone helps truckers and fleet owners e-file Form 2290 for 2026–27 and receive IRS-stamped Schedule 1 in minutes.

Two of the most common tax forms for individuals will see changes in 2026 to accommodate new provisions like no tax on tips ...

Learn about phantom income, a taxable gain not received by individuals or partnerships, its types, how it affects taxes, and ...

Choose a name for your investment LLC: All LLCs must have a legally distinguishable name, meaning it must be different from any other existing entity. You can search your state’s business registration ...

# official IRS Modernized e-File (MeF) XML schema tag name. This bridges # OTD's human-readable semantic IDs with the government's CamelCase standard, # lowering integration cost for vendors already ...

An IRS installment agreement allows taxpayers to pay off their tax debt over time through monthly payments. While these plans prevent aggressive collection actions, interest and penalties continue to ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

Millions of Americans could be owed a refund from the IRS as a result of a recent court ruling. Last month, a U.S. Court of Federal Claims decision expanded the interpretation of a specific tax code ...