Every year the IRS announces a list of top tax scams that threaten the tax and financial information of taxpayers, businesses, and tax professionals. It’s called the Dirty Dozen, which is part of a broader Security Summit campaign. Over the coming weeks, we’ll
IRS Individual Online Accounts: An easy tool for taxpayers
The IRS continues to take steps towards transforming the taxpayer experience in several ways. All taxpayers are encouraged to create an IRS Individual Online Account. While this is not a new tool, users are able to access their tax account information
New and enhanced deductions for individuals
There are several new tax deductions that have been introduced for the 2026 filing season. A deduction is an amount subtracted from the taxpayer’s income when filing. Deductions lower the taxable income resulting in lowering the federal income tax obligation.