Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

The 2025 tax season got underway this week as the Internal Revenue Service began accepting 2024 tax returns. Those who are planning their 2025 tax strategy ...

With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

President Donald Trump has proposed abolishing federal income taxes, suggesting that tariffs and taxes on foreign nations ...

Tax season officially begins Monday when the Internal Revenue Service (IRS) will begin accepting returns for the 2024 tax year, but taxpayers ... 2,500 to $5,000 on the table due to a lack of ...

Trump later rolled out plans to abolish federal taxes on overtime and Social Security benefits — along with a variety of other reforms, such as scrapping the $10,000 cap on the amount of state and ...