Millions of Americans who were granted tax filing extensions have until 11:59 p.m. on Wednesday to file their returns.

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The Department of Treasury is transitioning to fully electronic payments, a change that means tax refunds issued by the IRS ...

If you earn money through a side hustle, run a small business, or get paid through apps like Venmo, PayPal, or Cash App, or sites like eBay, you’ve probably come across a lot of mixed messages about ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned ...

The 2025 tax landscape has changed due to the GOP tax and spending law, referred to by some as the “big, beautiful bill,” signed by President Trump on July 4, 2025. This multibillion-dollar ...

The Internal Revenue Service (IRS) has announced that financial institutions and money transfer companies will not immediately face penalties if they fail to correctly deposit a new federal excise tax ...

The agency said it is providing the relief because both lenders and the IRS need more time to comply with the new car loan interest reporting requirements added by H.R. 1.

The US Senate Finance Committee is holding a hearing on Wednesday on crypto asset taxation, following the IRS’s release of relief guidance on the Biden-era CAMT tax. The US Senate Finance Committee ...