You’re going to look at probably 94 percent plus of middle class Americans getting a boost," Frank Bisignano said this week.
Acting IRS Commissioner Scott Bessent said retroactive breaks in Trump's tax bill could lead to an unusually large refund season.
The IRS does not count animals as dependents. Instead, the federal government views them as property. Dependents are often ...
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The new IRS form you need to be aware of

A new IRS reporting rule will affect crypto users starting in 2025, changing how digital asset activity is tracked and ...
Late software mogul’s estate has agreed to shell out $750 million to settle what prosecutors said was largest individual ...
Tax bracket adjustments for the 2025 tax year — including federal income tax brackets — increased by an average of around 2.8 ...
New York resident and lawyer Amanda Reynolds cites Section 152 of the Internal Revenue Code, arguing that her dog Finnegan ...
Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.
For days after the deadly shooting near Brown University, federal authorities struggled to piece together the movements of a ...
Clarifying that business interest expense subject to Sec. 163 (j) includes any interest incurred and capitalized during the tax year, except for interest capitalized under Secs. 263 (g) and 263A (f); ...
Reassigned employees have been told they will no longer work in IRS IT, and must upload their resumes to be considered for other jobs at the IRS and Treasury.
SSA is looking for volunteers to keep working on Dec. 24 and Dec. 26. A former SSA executive says it’s unusual for the agency to remain open on these days.