The Internal Revenue Service (IRS) has released its official 2026 tax inflation adjustments, which put into effect several measures created by the One Big Beautiful Bill Act (OBBBA) signed into law on ...

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on ...

This deduction could significantly reduce tax bills for millions of tipped workers, but only if they maintain accurate records. One expert explains how you can ensure you get this tax break this year.

Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than ...

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

We’re going to have this hodgepodge, weird year of rules that’s going to make reporting very difficult for employees." ...

The Internal Revenue Service is quietly reshaping how much of your paycheck actually reaches Washington, with changes that ...

In a recent appearance on NBC10 Philadelphia, Treasury Secretary Scott Bessent said American households are going to receive ...

These proposals echo the stimulus strategies used during Trump’s first term, particularly in response to the COVID-19 crisis.

In a note published on LinkedIn, Kelly explained that many of the tax cuts announced as part of President Donald Trump’s One ...

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The Internal Revenue Service has halted a popular service that once provided a free option for taxpayers to file their taxes directly with the IRS. The program, Direct File, was launched by the U.S.