The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

The IRS has issued guidance on HSAs, answering questions about telehealth services, bronze and catastrophic plans under the ...

Understanding these changes helps provide a clear picture of what your 2026 filing obligations will look like and helps you ...

The Internal Revenue Service began furloughing nearly half its staff Wednesday because of the ongoing government shutdown, sparking chaos and confusion among employees as the news rippled through ...

The IRS will not immediately be impacted by the partial government shutdown that began on Wednesday, Oct. 1. Congressional leaders failed to agree on funding legislation necessary for the U.S.

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The IRS announced today that paper tax refund checks will be phased out starting this month for individual taxpayers.Related video above: Are you eligible for Trump's tax relief on tips, overtime and ...

Since 2022, the IRS has witnessed a concerning surge in refund claims. The most recent of these stems from deceptive social media posts and individuals pretending to be tax experts, luring ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

President Donald Trump has done an admirable job at defanging the IRS, which was converted into a weaponized agency targeting Democrats’ political enemies. Chief Justice John Marshall famously ...