A group of MPs in Leicestershire have handed in a petition signed by more than 12,000 people opposing any expansion of ...

The agency is delaying implementation of a provision of the new law that prevents workers in certain service businesses from ...

The longest government shutdown in U.S. history is now over. The backlog of work, however, remains. As the IRS scrambles to ...

Derbyshire County Council's Reform UK administration is set to increase its portion of council tax by the maximum amount. The ...

WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed. An email sent Monday from IRS official ...

Internal Revenue Code Section 2801 was introduced into U.S. tax law in 2008, creating a U.S.-based inheritance tax, otherwise known as the “§2801 tax.” In January 2025, final regulations were issued ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Treasury Secretary Scott Bessent made his first visit to the Internal Revenue Service (IRS) as the acting commissioner Thursday, days after President Trump ousted Billy Long from the position. Bessent ...

IRS letters targeting digital asset holders are on the rise – Clear Start Tax outlines what crypto traders need to know to protect themselves. IRVINE, CA / ACCESS Newswire / July 9, 2025 / With the ...

Based on an evaluation between December 2023 and January 2025, the IRS Criminal Investigation did not always follow guidelines around seizing and holding crypto in cases. A US government watchdog has ...