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WASHINGTON, D.C. — Taxpayers now have a centralized online tool to confidentially report suspected tax fraud, and the Treasury Department and Internal Revenue Service have issued updated guidance explaining how …
IRS Centralizes Fraud Tips, Clarifies Adoption Credit Changes Read More
WASHINGTON, D.C. — Manufacturers, refiners, and certain agricultural producers may now deduct up to 100% of the cost of new production facilities in the year they are placed in service, …
New Tax Break Lets Factories Write Off 100% of Costs Read More
What This Means for You The IRS expanded its Tax Pro Account for tax-preparation businesses, issued guidance on new limits to certain clean energy tax credits, and urged taxpayers to …
IRS Expands Digital Tools for Tax Professionals and Issues Energy Credit Guidance as Filing Season Begins Read More WASHINGTON, D.C. — The Internal Revenue Service and the Department of the Treasury on Tuesday unveiled proposed regulations reshaping a key clean energy tax incentive, while also urging taxpayers to …
IRS Rolls Out New Clean Fuel Credit Rules as Taxpayers Get Digital Boost Read More WASHINGTON, D.C. — The Internal Revenue Service on Monday opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025, kicking …
IRS Opens 2026 Filing Season With Faster Refund Push and New Payment Rules Read More
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
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
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 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 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