An S corp is an organization that has chosen to pass its tax burden to its shareholders, rather than report income, losses, deductions and credits directly to the Internal Revenue Service (IRS).

Who It’s Best For TurboTax works well for people with more than a basic W-2 (for example, those who itemize deductions and have investment income). It may be right for you if you feel ...

4. Customized Solutions for Businesses: Small businesses and self-employed individuals can benefit from TurboTax 's tailored solutions, designed to simplify complex tax situations. From tracking ...

In this detailed guide, we'll cover TurboTax's features, benefits, and what you need to know before filing your taxes. TurboTax is an intuitive online tax preparation and e-filing service offered ...

The use of artificial intelligence to more efficiently spot fraud should allow the Internal Revenue Service to focus on ...

A Corona man was sentenced to six years in federal prison for a decade-long scheme of filing fraudulent tax returns for ...

The Internal Revenue Service announced it would extend the filing deadline for individuals and businesses in 67 counties ...

The IRS is planning to launch dozens of audits on business aircraft. The NBAA offered insight with a recent webinar, learn ...

Paying off high-interest credit card debt may be a smart move if you're planning on using your coronavirus stimulus check toward bills.

In the wake of two more hurricanes and the destruction they wrought, the Internal Revenue Service is giving individuals and ...

The IRS has published a letter ruling on Section 336 and Treasury Regulations 301.9100 and 1.336 granting parties to a transaction, in which a purchaser acquired all of the stock ...