US Speaker of the House Mike Johnson gavels the passing of US President Donald Trump’s tax bill, One, Big, Beautiful Bill Act ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

Clear Start Tax clarifies why some states still require Form 1095-A, even though the federal health coverage penalty was ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

Not file your taxes yet? It’s not too late to claim your 2024 IRS tax refund. Here's who qualifies and how to get it done.

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.

The end of the federal EV tax credit could impact your finances and the future of electric vehicle adoption. Here's why ...

Your marital status as of Dec. 31 of the year you marry determines your tax filing options for the entire year.

For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

The Senate bill hands wins to Apple, Disney, Alphabet and Boeing by locking in an offshore safe harbor and restoring foreign ...