The IRS recently released a list of 2026 cost-of-living adjustments (COLAs) that include increases to qualified ...
Starting in 2025, crypto exchanges will be required to send you and the IRS a Form 1099-DA, similar to how stock brokers send ...
Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...
The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...
The agency has proposed excluding tips received from 'pornographic activity' from a new tipped wage deduction.
While some functions of the agency — including preparing for the upcoming tax season — had continued throughout the shutdown, most were limited after the first week, and restarting them will require ...
President Donald J. Trump points to the “Key-to-the-City” given to him by Mayor Suarez as he prepares to leave the stage during American Business Forum at the Kaseya Center in Miami, Florida on ...
The U.S. government is getting back up to speed after the longest government shutdown in history. Airports have resumed their full schedules, which is a relief to anyone who’s planning to fly this ...
This story has been updated at 4:50 p.m. ET. The Internal Revenue Service on Friday afternoon told employees that "the majority" of outstanding backpay due to furloughed and excepted employees ...
As the Senate advances a possible end to the 40-day government shutdown, the Internal Revenue Service is adjusting its plans amid a wave of layoffs and program closings. In a court filing last week ...
WASHINGTON—The Internal Revenue Service is officially ending Direct File, the free, government-run tax-filing pilot program that the Biden administration started last year. Instead, the Trump ...