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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 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
WASHINGTON, D.C. — Federal officials are launching an aggressive two-pronged push that pairs a sweeping financial enforcement operation along the southwest border with a sharp policy reset of a major …
Treasury Targets Cartel Cash and Rewrites Tax Credits in a Dual Federal Crackdown Read More
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 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 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
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 WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service this week opened a sweeping public comment period on a new federal tax credit tied to K–12 scholarship donations, a …
IRS Unveils New Education Tax Credit, Sparking Big Questions Ahead of 2027 Launch Read More