At the height of the pandemic, between October 1, 2020, and September 30, 2021, the Taxpayer Advocate Service (TAS) received 2,976,415 calls—a 283% increase from the prior 12 months. Those calls were ...

TO EXCLUDE GAIN ON THE DISPOSITION OF A HOME from income under IRC section 121, a taxpayer must own and occupy the property as a principal residence for two of the five years immediately before the ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

Nixon Administration abuses led to the passage of strict tax privacy laws. That’s one reason moves by Elon Musk’s Department of Government Efficiency to access sensitive data are so controversial.

The Third Circuit held that the intent necessary to apply the extended assessment period for a false or fraudulent return ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Consolidated News Pictures / Contributor / ...

The IRS can no longer share taxpayer addresses with U.S. Immigration and Customs Enforcement after a federal judge ruled Friday that that element of the data-sharing pact between the agencies is ...

Ever tried filing taxes, opening a U.S. bank account, or applying for a loan and hit a wall because you don’t have a Social Security Number? That’s where a taxpayer identification number (or TIN) can ...

President Donald Trump signed an executive order late Wednesday night ending the use of taxpayer money for federal resources supporting illegal immigration and illegal aliens. The Trump administration ...

FIRST ON FOX: The National Academies of Sciences, Engineering, and Medicine, a largely taxpayer-funded body that has taken in hundreds of millions in federal dollars, is facing pushback for ...