The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

Taxpayers can write off a maximum of $10,000 with this benefit enacted under President Donald Trump's One Big Beautiful Bill ...

Taxpayers who bought a new car in 2025 may qualify for a new tax break in the upcoming filing season — so long as that ...

The research and development tax credit will remain a target of the IRS in 2026, even with staff reductions because of the ...

A New York federal judge upheld a bankruptcy court decision validating the Internal Revenue Service’s $395,206 claim in the bankruptcy of collapsed real estate law firm Kossoff PLLC.

New IRS tax brackets for 2026 could slightly increase paychecks for millions of American workers. Lower brackets widened by ...

The IRS has updated tax brackets for 2026 to match inflation. Many income limits are higher, which may lower tax bills for ...

New tax brackets, higher standard deductions and expanded credits are now in effect — changes that could boost paychecks and ...

Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal income tax returns.

The new Trump tax law, built around The One Big Beautiful Bill Act, is reshaping how Americans will be taxed in 2026 and ...