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Internal Revenue Service

Filing tax documents
National

IRS Unveils Overtime Tax Break, Launches EITC Push as Filing Season Heats Up

January 25, 2026January 24, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Department of the Treasury and the Internal Revenue Service on Friday rolled out new guidance on a tax deduction for qualified overtime pay while simultaneously …

IRS Unveils Overtime Tax Break, Launches EITC Push as Filing Season Heats Up Read More

Internal Revenue Service (IRS)
National

Tax Shake-Up Delivers Faster Write-Offs, Clearer Rules, and a Break for Troops

January 18, 2026January 18, 2026 - by Maryann Pugh

WASHINGTON, D.C. — A sweeping trio of federal tax actions unveiled this week is poised to reshape how businesses invest, retirees plan, and military families file their returns, delivering faster …

Tax Shake-Up Delivers Faster Write-Offs, Clearer Rules, and a Break for Troops Read More
US Department of the Treasury
National

U.S. Rips Up Global Tax Pact as Trump Treasury Unleashes New Economic Push

January 12, 2026January 11, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Trump administration this past Monday delivered a sweeping one-two punch to global tax policy and domestic economic strategy, formally walling off U.S. companies from a controversial …

U.S. Rips Up Global Tax Pact as Trump Treasury Unleashes New Economic Push Read More

Filing tax documents
National

IRS Unleashes New Rules, Trump Accounts, and Tax Cuts for 2026 Filing Season

January 11, 2026January 11, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service is rolling out one of the most sweeping tax-season overhauls in years as the 2026 filing season opens later this month, bringing new …

IRS Unleashes New Rules, Trump Accounts, and Tax Cuts for 2026 Filing Season Read More
Internal Revenue Service (IRS)
National

IRS Mileage Rates Shift for 2026 as New Car Loan Tax Break Takes Shape

January 3, 2026January 3, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service is reshaping how millions of Americans calculate driving-related tax deductions in 2026, raising the standard mileage rate for business travel while trimming rates …

IRS Mileage Rates Shift for 2026 as New Car Loan Tax Break Takes Shape Read More

Internal Revenue Service (IRS)
National

IRS Unveils Sweeping Tax Rule Changes Buried Inside One Big, Beautiful Bill

December 27, 2025December 27, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service closed out the year with a flurry of policy moves that could quietly reshape how businesses, fuel distributors, and health insurance consumers handle …

IRS Unveils Sweeping Tax Rule Changes Buried Inside One Big, Beautiful Bill Read More
US Department of the Treasury
National

Treasury Unleashes Sweeping Actions, From Cartel Sanctions to Tribal Tax Relief

December 22, 2025December 21, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Treasury Department moved across a wide front in mid-December, hosting high-stakes regulatory talks with Europe, finalizing tax rules aimed at boosting Tribal economies, warning consumers …

Treasury Unleashes Sweeping Actions, From Cartel Sanctions to Tribal Tax Relief Read More

Internal Revenue Service (IRS)
National

IRS Unveils Carbon Capture Tax Safe Harbor, Rolls Out Digital Whistleblower Tool

December 22, 2025December 21, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service and the Department of the Treasury on Friday issued new guidance aimed at easing compliance for businesses claiming carbon capture tax credits while …

IRS Unveils Carbon Capture Tax Safe Harbor, Rolls Out Digital Whistleblower Tool Read More
Internal Revenue Service (IRS)
National

IRS Rolls Out Sweeping HSA Expansion, Touts $10.6B Crime Crackdown

December 14, 2025December 14, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service moved this month to expand health savings accounts while showcasing record-setting enforcement results, signaling a dual push to broaden tax …

IRS Rolls Out Sweeping HSA Expansion, Touts $10.6B Crime Crackdown Read More
Internal Revenue Service (IRS)
National

New IRS Rules Spark Big Questions About ‘Trump Accounts’ for Children

December 7, 2025December 6, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service unveiled new guidance this week on the launch of “Trump Accounts,” a forthcoming class of individual retirement accounts for eligible …

New IRS Rules Spark Big Questions About ‘Trump Accounts’ for Children Read More

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