The IRS has released a proposed regulation updating the user fee imposed on requests for the issuance of estate tax closing letters (IRS Letter 627). The regulation would reduce the ...

The program, launched during Joe Biden's presidency, has been credited by some users with making it easier and cheaper to file their taxes, saving the average user $160 in tax preparation fees and ...

The receipt of an estate tax closing letter generally indicates that the estate tax return’s IRS examination is closed. Final ...

Included in a recent amendment were a few IRS-specific provisions, including eliminating Direct File, increasing the ...

Extra fees with every swipe on taxes and tips will be washed away this summer under new regulations in Illinois.