The IRS has quietly raised the bar for who must file a federal return for the 2025 tax year, and the result is simple but striking: if your income is low enough, you may be legally allowed to sit out ...
The IRS is encouraging taxpayers to take steps now to prepare for filing their 2025 federal income tax returns as the 2026 ...
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get them to file tax returns, according to data obtained exclusively by ...
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season. Josh Youngblood, an enrolled agent and owner of The Youngblood Group, a Dallas-based tax firm, said he's had ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Millions of Forms 1099 are sent out every year. Most arrive in ...
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