Republican Sen. Ron Johnson (Wis.) said Sunday that he would prefer the Internal Revenue Service (IRS) undertake a “robust” investigation into the leak of President Trump’s tax returns, days after the ...
The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income ...
If you're looking for some reassurance this tax season because you're worried you made a mistake, we've got you covered on ...
IRS deadline for key tax forms has passed, and businesses may face penalties for late, incorrect, or missing filings.
The Internal Revenue Service’s January 31 deadline has officially passed for submitting key income and wage reporting forms.
The IRS Direct File program was eliminated for the 2026 tax filing season. However, there are still several free tax preparation software options for some filers.
The federal tax collector is using Biden-era funding to continue normal operations through next week, as filing season continues.
A district court held that the IRS had not violated a tax preparer’s Fifth Amendment due process rights or the Administrative Procedure Act (APA) when it suspended the preparer’s electronic filing ...
Navigating the U.S. tax system can be daunting, but understanding available benefits can significantly impact your finances. Discover how a little-known tax credit can return up to half of your taxes ...
Taxpayers aged 65 and older are eligible for a $6000 deduction. Here's all on eligibility and how the deductions work with ...
The New York State Department of Taxation and Finance announced that the 2025 income tax filing season began on Jan. 26, ...
However, you may not need to shell out any extra. On Jan. 9, the IRS announced it had begun accepting tax returns through its IRS Free File program, which is a partnership between the agency and ...