The IRS has released guidance for President Donald Trump's tips and overtime deductions. Here's what workers need to know.
The IRS has revealed its new tax brackets for 2026, representing a 2.7 percent increase to reflect inflation impacts on ...
Older Americans could enjoy a bigger break in 2026 thanks to the new seniors’ tax deduction of $6,000 — one of the tax ...
The IRS is currently dealing with a significant backlog of tax returns and related processes, a situation that has arisen in ...
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 ...
WV Republican Sen. Jim Justice, his wife, Cathy Justice agreed to pay over $5 million in unpaid federal income tax ...
The civil complaint said the debt originated from the 2009 tax year and included penalties and interest accrued since.
Navigating annual tax changes can feel daunting at times—but understanding them is key to making informed financial decisions ...
The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...
In a late Monday night filing, U.S. Sen. Jim Justice agreed to settle with President Donald Trump’s Internal Revenue Service ...
Sen. Jim Justice and his wife, Cathy, have agreed to pay more than $5 million to settle over 15 years worth of unpaid income ...
Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.