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The IRS faces a challenging landscape for the 2026 tax filing season, marked by a drastic workforce reduction and significant ...
Each year, the U.S. Internal Revenue Service (IRS) adjusts tax brackets for changes in the cost of living to calculate federal tax liability.
Rep. Jason Smith (R-MO) is celebrating the House-passed bill that would shut down the Internal Revenue Service Direct File ...
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
The Internal Revenue Service said Friday that it has collected nearly $1.3 billion in overdue taxes from wealthy households since last fall – thanks to a ramp up of enforcement efforts funded by ...
The Internal Revenue Service on Tuesday announced the annual inflation adjustments for standard deductions, marginal tax rates, earned income tax credits, adoption credits and more for 2025.
WASHINGTON D.C. – The Internal Revenue Service (IRS) issued a scam warning for tax filers nationwide. On Jul. 3, the IRS warned taxpayers about a new scam involving improperly claimed clean ...
A run of better-than-expected indicators — including Wednesday's inflation report — so far point to a strikingly resilient economy. Why it matters: Those waiting for signs of a tariff-wrecked economy ...
Unpaid tax debt can quietly drain your finances and your peace of mind. Here are the hidden costs to watch for.
The External Revenue Service would collect tariffs similarly to how the Internal Revenue Service ... Experts say Donald Trump's tariff plan could raise the cost of consumer goods and spark inflation.