Missing IRS deadlines can carry financial consequences. Failure to file and pay a tax return on time can result in a penalty ...

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

The 2025 income limit for the tax credit for lower-income workers who save for retirement will increase slightly to $39,500 ...

The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...