Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.

The House-passed version of the bill states new hires in the federal workforce would have to make an “irrevocable election " ...

Treasury released the Congressional Budget Justification, which also would cut the IRS budget by 37% from the fiscal year ...

The IRS is set to implement significant changes in 2025 that will impact retirement savings and Social Security strategies.

Many retirees are surprised to learn that their Social Security benefits can be subject to federal income tax. The IRS ...