Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
Due to the government shutdown, IRS operations are limited. Some operations, like Criminal Investigation, are open, while ...
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 ...
The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...
As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
The agency said it is providing the relief because both lenders and the IRS need more time to comply with the new car loan ...
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Trump's IRS Abolishment Plan Could Transform Tax System
The Trump administration is taking concrete steps to eliminate the IRS while proposing tariffs as replacement revenue.
Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.
A federal tax lien has recently been filed against West Virginia Senator Jim Justice, totaling more $8 million.
The Department of Treasury is transitioning to fully electronic payments, a change that means tax refunds issued by the IRS ...
Taxpayers may continue using the existing forms and procedures for filing their taxes in the meantime, the IRS said. The move ...
The 2026 IRS tax updates raise deductions and credits for homeowners. Here's how much you could save next year.
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