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 ...

A Riverside County man was sentenced to 6 years in prison on Monday, Oct. 7, for a tax return scheme that cost the IRS $28 ...

Here's what you need to know about the tax extension, including how to file, what to do if you can't afford your tax bill and where taxpayers have more time to file their 2023 federal taxes.

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 ...