A total of 17 senators wrote a letter to Scott Bessent asking for the IRS to hire more staff before the filing season. They ...
Millions of retirees are about to see a rare kind of tax change: one that actually shrinks the IRS bill on their Social ...
The IRS has announced that the 2026 standard mileage rate for business use is 72.5 cents per mile, the highest rate on record. Medical and military moving rates dipped.
The One Big Beautiful Bill Act became law less than six months ago, but several major changes to the tax code have already ...
Many Americans may get bigger tax refunds in 2026 because of new tax cuts. The law was signed in 2025 but applied later, so workers paid extra tax all year. Since paychecks were not updated, the extra ...
Acting IRS Commissioner Scott Bessent said retroactive breaks in Trump's tax bill could lead to an unusually large refund ...
Treasury Sec. Bessent says Trump-era tax cuts could mean “gigantic” refunds, up to $2,000, for many Americans.
The IRS is adjusting tax brackets for 2026 to account for inflation, which could keep some taxpayers in lower tax rates and ...
An upcoming IRS rule change for 2026 will allow taxpayers who take the standard deduction to also deduct cash donations to ...
The IRS headquarters in Washington, D.C. The Internal Revenue Service was able to steer through this past tax season despite extensive staffing cuts, but next tax season could be a problem, according ...
New tax rules are quietly setting up a rare win for filers: a chance that 2025 income could qualify for fresh breaks when you file in 2026, even if your paycheck never reflected the savings. With the ...
Older Americans are about to get a targeted new tax break that makes it easier to shield Social Security benefits from federal income tax. A fresh "senior bonus" deduction of up to $6,000 per person ...