The IRS is offering tax relief to drought-hit farmers — but will it be enough to stop food prices from climbing?

The relief allows farmers who had to sell livestock earlier than planned to defer taxes on capital gains from those sales or ...

The IRS is offering tax relief to drought-stricken farmers — but will it be enough to keep America’s food prices from climbing even higher?

The relief allows farmers who had to sell livestock earlier than planned to defer taxes on capital gains from those sales or ...

What’s Open—And What’s Not—At The IRS During The Government Shutdown

Due to the government shutdown, IRS operations are limited. Some operations, like Criminal Investigation, are open, while ...

IRS drops 2026 tax brackets — here’s what top earners must know now

The IRS has released 2026 tax brackets with adjusted income thresholds for inflation, though marginal tax rates remain ...

IRS gives details on what lenders need to do for 2025 new car loan interest tax deduction

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
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Treasury CIO says IRS IT layoffs are ‘painful,’ but necessary for reorganization

Treasury CIO and DOGE representative Sam Corcos defended IRS layoffs as a “painful,” but necessary tool to reboot the ...

IRS makes historic change to how it handles tax returns: What’s next

Taxpayers may continue using the existing forms and procedures for filing their taxes in the meantime, the IRS said. The move ...

IRS Issues Transitional Guidance On Car Loan Interest Reporting Under The New Tax Law

Taxpayers who buy a new car assembled in U.S. may be able to deduct up to $10,000 beginning in 2025. To help sort out the ...

Larger tax refunds in 2026 expected, thanks to Trump tax law and IRS delay: Economist

Americans may see larger tax refunds in 2026, thanks to the IRS updatng delays to account for Trump's retroactive tax ...

Understanding Qualified Distributions: IRS Rules, Tax Benefits, and More

Learn about qualified distributions from retirement accounts, IRS rules, tax implications, and how to maximize your tax benefits while avoiding penalties.