The first draft of the supplemental federal tax guide for employers in 2026 was released Nov. 24 by the Internal Revenue Service.
The Daily Overview on MSN
IRS to deploy Salesforce AI agents after staff cuts
The Internal Revenue Service is preparing to lean on artificial intelligence to keep taxpayer services running even as its ...
For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime ...
A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...
The Daily Overview on MSN
Standard deduction hits $31,500 for married filers in 2025
The standard deduction is set to climb again for the 2025 tax year, with married couples filing jointly able to shield ...
Long-term capital gains — that is, on assets held for a year or longer — are taxed at a 0%, 15% or 20% rate, depending on ...
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