The Southern Maryland Chronicle on MSN

IRS Eases 1099-K Rules with $20K Limit

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting ...
As the famous saying goes, there are only two certainties in life: death and taxes. And every taxpayer should be aware of major changes to the tax code for the 2026 tax year. These include the tax ...
Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.
The Internal Revenue Service issued slightly fewer, but slightly larger, refunds last tax season, but saw a more than 1% jump ...
The Internal Revenue Service is the revenue service of the United States federal government, which is responsible for collecting taxes and administering the Internal Revenue Code, the main body of the ...
WASHINGTON D.C. – The Internal Revenue Service (IRS) issued a scam warning for tax filers nationwide. On Jul. 3, the IRS warned taxpayers about a new scam involving improperly claimed clean energy tax ...
The IRS and the Treasury are proposing to remove the domestic corporation look-through rule for real estate investment trusts ...
The Internal Revenue Service began furloughing nearly half its staff Wednesday because of the ongoing government shutdown, ...
Trump’s 2026 budget plan calls for sharp spending cuts. Here’s what to know Trump's budget proposal seeks to cut discretionary spending by a total of 7.6% next year, but includes a 13% increase in ...