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What Is a Casualty Loss? Taxes From A to Z®
Casualty and theft loss rules have changed significantly in recent years. Here’s what taxpayers need to know about disaster losses, scam-related theft losses, and the records needed to support a deduction.
Tax News & Analysis
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10 Things to Know About Your Paycheck and Payroll Taxes
It’s National Payroll Week. Here are 10 things workers and employers should know about withholding, payroll taxes, worker classification, records, and more.
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That “MyChart Medicare Kit” Is a Scam
Scammers are impersonating MyChart with fake Medicare kits, medical test results, and other phishing schemes. Here’s how to spot the scams and stay safe.
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The IRS Has Tips for Rebuilding Records After a Disaster. They Work the Rest of the Time, Too
The IRS has tips for reconstructing tax records after a disaster—but the same strategies can help nonfilers, taxpayers facing IRS notices, and anyone missing important records.
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What Is Bonus Depreciation? Taxes From A to Z®
Learn how bonus depreciation works, which business property qualifies, and how OBBBA’s restored 100% deduction affects property acquired after January 19, 2025.
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IRS Enforcement Revenue Fell to $93.8 Billion in 2025
IRS enforcement revenue fell to $93.8 billion in fiscal year 2025 as audit activity and staffing declined. Here’s what the TIGTA data show.
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Getting to Know You Tuesday: Bruce Purcell
Meet Bruce Purcell, a former Marine and retired IT engineer who has been preparing tax returns for more than 50 years, from the U.S. to overseas.
