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Wisconsinites will reportedly see more money from their paychecks after Gov. Tony Evers told the Wisconsin Department of Revenue (DOR) to revise the withholding tax tables.

The IRS will begin accepting and processing tax returns on Jan. 24, starting the 2022 tax season.

The IRS has updated its FAQs on the 2020 recovery rebate credit, adding changes to questions 4, 8, 9 and 10.

Wisconsinites saw an increase in taxes paid as a percentage of personal income in 2021 as a surge in economic activity grew collections faster than income rose, a new report finds.

Clients need to officially open for business before deducting any expenses as start-up costs, the Tax Court ruled in a recent case.

The IRS has expanded the transition period from 30 to 45 days to provide evidence to back up tax refund claims involving the research and experimentation credit.

The IRS will host a virtual roundtable on Jan. 26 to discuss the lifecycle of an earned income tax credit (EITC) claim.

The Office of Management and Budget has provided more clarity to practitioners who perform single audits related to two key federal pandemic relief programs.

The IRS has revised Form 1024, used by most types of organizations to apply for exempt status, to allow electronic filing.

With widespread resignations in nearly every industry, it is more important than ever for leaders to actively listen to their employees.