IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...
The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
IRS eases reporting for lenders on 2025 auto loan interest under H.R. 1, allowing borrower statements in place of direct IRS ...
The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...
New court filings reveal previously undisclosed details of officials' discussions over a controversial information-sharing agreement.
After decades of limiting private letter ruling issues, the IRS has steadily widened its program, providing taxpayers greater certainty.
There’s this great lyric in the Randy Travis song, “Is it still over?” where Travis sings, “Since my phone still ain't ringing, I assume it still ain't you.” That’s how I feel about the IRS these days ...
The IRS has released new federal income tax brackets for 2026, the agency announced in a news release published on Thursday, Oct. 9. The updates are due to changes in inflation and a new tax law that ...
The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...
The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions, along with changes made under the One Big Beautiful Bill Act (OBBBA). The IRS' ...
The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and next. Those updates are the result of changes in inflation but also due to ...
The Internal Revenue Service released next year's income tax brackets on Thursday, providing an early look at what Americans can expect to pay in their 2026 tax returns. The IRS announcement comes ...