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 ...

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

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

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 ...

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.

Gov. Greg Abbott recently told a room of GOP faithful that he is determined to stop cities and counties from raising property taxes, slamming Austin for proposing a rate hike to raise $110 million to ...

IRS furloughs and delayed notices may offer temporary breathing room – but experts warn taxpayers not to mistake delays for debt forgiveness. During a shutdown, the IRS typically scales back staffing ...