The IRS has announced that, as part of its phased implementation of the new tax law, there will be no changes to withholding tables for 2025. The IRS added that there will be no changes to certain ...

The IRS has issued an update which corrects some calculations as published initially by the IRS as part of the annual ...

The Internal Revenue Service reassured taxpayers and tax professionals Thursday that it's not planning to make any immediate changes to its information returns such as Forms W-2 and 1099 and ...

Some filers could see a bigger tax refund in 2026 based on midyear changes enacted via President Donald Trump's "big ...

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...

(NEXSTAR) – Millions of Americans could see a financial bump thanks to inflation adjustments to the tax code announced by the IRS Tuesday. The changes to federal brackets, prompted by the rising costs ...

Tax season officially begins Monday when the Internal Revenue Service (IRS) will begin accepting returns for the 2024 tax year, but taxpayers should be aware of deductions and credits that could be ...

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and ...