The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...

The Internal Revenue Service has released the federal income tax brackets for 2025. A key point for taxpayers is that the ...

Collier County commissioners are considering a one-cent increase to the tourist tax to fund the completion of the Paradise Coast Sports Complex. The proposed increase, which would require voter ...

The major changes made to this guide since the last edition are outlined. This guide reflects some income tax changes recently announced which, if enacted as proposed, would be effective July 1, 2025.

Illinois is leaving money on the table with structurally unsound tax policy The state should be taxing all consumer services, as Iowa and Wisconsin do, to raise much-needed revenue. By Ralph Martire ...

For 2025, the IRS left unchanged its 2024 total contribution limit of $7,000 for traditional and Roth IRAs, plus $ 1,000 catch-up contributions for individuals over 50.

Ex-congressman Billy Long confirmed as commissioner of the IRS, an agency he once sought to abolish By FATIMA HUSSEIN The Associated Press,Updated June 12, 2025, 1:19 p.m.

If you already filed your 2024 tax return, you may get a nice amount back. The IRS said on April 25 that the average refund this year is $2,945. That’s almost $3,000 and close to last year’s ...

However, the IRS does not approve all applications. In 2024, the IRS approved 21% of its almost 33,600 offer in compromise applications.

The tax-and-spending cuts bill would have the IRS scrambling to prepare its IT systems and employees for major changes to the tax code ahead of next year’s filing season. The Trump administration’s ...

The IRS is now sending out the final round of tax refunds for the 2025 filing season. As of June 4, millions of taxpayers have received their refunds, but a growing number are reporting unexpected ...

Form 16 TDS Certificates ITR filing: Due to the income tax changes made in the FY 2024-25 (AY 2025-26), Form 16 will show certain changes this year. It will primarily show the following three changes ...