Introduction The IRS is intensifying efforts to combat tax fraud in 2025, focusing on high-income earners, cryptocurrency transactions, unreported income, and fraudulent deductions. With increased IRS funding, audit rates...
Introduction The Inflation Reduction Act (IRA), signed into law in 2022, introduced significant tax provisions that impact individuals, businesses, and self-employed taxpayers. In 2025, several key provisions continue to...
Introduction Each year, the IRS updates tax policies to reflect economic conditions, legislative changes, and enforcement priorities. The 2025 tax year brings several key updates that affect individuals, businesses,...