The bipartisan measure, co-authored in the Senate by Elizabeth Warren and approved by President Donald Trump, clears numerous ...
In 2024, the Internal Revenue Service announced automatic payments for eligible taxpayers who had not claimed the Recovery ...
The limit on annual contributions to an IRA is increased to $7,500 from $7,000. The IRA catch‑up contribution limit for individuals aged 50 and over was amended under the SECURE 2.0 Act of 2022 ...
Trump’s proposed $2,000 tariff dividend is driving new questions as December 2025 begins. Many want to know what the IRS is ...
The law requires the IRS to provide a clear explanation of tax-filing errors to taxpayers on its math error notices.
The IRS has reportedly lost one-third of its tax auditors compared to last year. That's a major blow to enforcement ...
President Donald Trump is expected to sign a "Ways and Means Bill," focused on "protecting taxpayer rights" by requiring the ...
The IRS has released provisions from the One Big Beautiful Bill Act (OBBBA) for workers who can claim deductions for the 2025 ...
The plan’s promised enhancements include improving claims submittal and processing and communication with whistleblowers.
But you shouldn’t wait for that announcement or even the new year to start getting your taxes in order. There are several ...
Via Daniel Libit of Sportico.com, the IRS filed last month a certificate releasing an $8.2 million tax lien on Rozier's ...
(a), taxpayers may deduct expenses paid during the tax year for medical care, provided these expenses are not compensated by ...