Due to the government shutdown, IRS operations are limited. Some operations, like Criminal Investigation, are open, while ...
Americans may see larger tax refunds in 2026, thanks to the IRS updatng delays to account for Trump's retroactive tax ...
Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.
The IRS has announced significant updates to income brackets and tax rates that will take effect in 2026, potentially ...
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.
Taxpayers who buy a new car assembled in U.S. may be able to deduct up to $10,000 beginning in 2025. To help sort out the ...
Treasury CIO and DOGE representative Sam Corcos defended IRS layoffs as a “painful,” but necessary tool to reboot the ...
The Internal Revenue Service (IRS) has furloughed nearly half of its staff as the federal government shutdown drags into its second week. The furlough of staff comes as several tax deadlines approach ...
Taxpayers may continue using the existing forms and procedures for filing their taxes in the meantime, the IRS said. The move ...
The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...