Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

The 2026 IRS tax updates raise deductions and credits for homeowners. Here's how much you could save next year.

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 Department of Treasury is transitioning to fully electronic payments, a change that means tax refunds issued by the IRS ...

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

Donald Trump is reportedly planning to install loyalists at the Internal Revenue Service (IRS) to target major Democratic ...

There were some indications that the president’s appointees were politicizing the agency in ways unseen since Watergate. The ...

Millions of Americans who were granted tax filing extensions have until 11:59 p.m. on Wednesday to file their returns.

The administration is seeking to ‘weaken the involvement of IRS lawyers in criminal investigations,’ according to a report ...

Taxpayers may continue using the existing forms and procedures for filing their taxes in the meantime, the IRS said. The move ...

The effort would install a Trump ally at the IRS’s criminal unit who has drawn up a list of investigative targets.