The IRS has announced significant changes to retirement account contribution limits for 2026, marking a notable shift in how ...
But the IRS is no doubt preparing for the possibility of a shutdown. "There's this legal framework around government spending, and the Anti-Deficiency Act basically says you can't spend that which you ...
IRS boosts limits for 7 retirement accounts -- including the first IRA catch-up hike in ages. Here's how much more you can ...
The Internal Revenue Service is no longer planning to pursue layoffs as it seeks to rebuild parts of its workforce. The tax agency is now working to plug staffing holes with hiring, reassignments and ...
What do increased fraud, significant costs and operational inefficiencies all have in common? Paper checks, or, at least, those were the reasons cited when President Donald Trump issued an executive ...
The Internal Revenue Service (IRS) released updated tax information for the 2026 tax year on Thursday. Specifically, the agency is adjusting over 60 tax-related items to account for inflation. These ...
The Trump Savings Account is one of the most talked-about provisions of the “One Big Beautiful Bill Act.” Marketed as a way to give children under age 18 a head start on saving for retirement, these ...
Not surprisingly, a lot of Americans aren’t fond of the IRS. In fact, as the agency responsible for collecting federal taxes, the IRS received the lowest favorability rating among 16 federal agencies ...
Treasury will end Direct File, an IRS bridge to your bank account.