The U.S. government has issued final regulations significantly limiting the situations where a corporation will be liable for the 1% corporate ...

Tax brackets will shift upward for 2026, meaning more income will be taxed at lower rates before hitting higher tiers. The ...

In 2024, the Internal Revenue Service announced automatic payments for eligible taxpayers who had not claimed the Recovery ...

Making good on President Donald Trump’s promise for “no tax on tips” has proved to be complicated and, in some cases, potentially awkward.

The federal tax refund acts as a crucial financial reset for Americans, with expectations for larger refunds in 2026 due to ...

The IRS may grant a reasonable extension if the taxpayer provides satisfactory evidence of acting reasonably and in good ...

The Trump administration is moving to shut off a little understood but politically explosive corner of the tax code, ...

Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.

Here's what to know if you are in a dispute with the IRS or waiting for a refund—and how delays could impact next year's tax ...

Don Korb will no longer be considered for a top post in the Internal Revenue Service (IRS), after President Donald Trump pulled his nomination. That's according to a Friday article in Politico, which ...

Rumors have been circulating about a possible stimulus check coming from the IRS in November, but we’re here to set the record straight. The Internal Revenue Service has not released any updates on ...

As the IRS begins accepting 2024 tax returns, individuals should prepare for potential delays with certain credits, ensure all income is reported, and consider filing for an extension if necessary.