The IRS’s Revenue Procedure 2024-40 outlines crucial adjustments for tax year 2025, including updated tax brackets.

On Tuesday, the Internal Revenue Service announced increases to the federal income tax brackets and standard deduction for ...

Notable adjustments include updates to long-term capital gains brackets, estate and gift tax exemption limits and eligibility ...

A Broward County woman was sentenced to one year in federal prison Tuesday, two months after she admitted to making nearly ...

What are the worst tax filing mistakes people make? Tax expert and attorney Barbara Weltman points out 10 common errors—and ...

Construction is expected to begin in the early part of 2025 with families and individuals moving into the newly constructed ...

The First Amendment robustly protects the right to discuss political topics through the lens of faith, and no one should ...

CHIPS ITC offers businesses a tax credit equivalent to 25 percent of the basis of property qualified as an advanced ...

The Treasury and the IRS granted a filing exception for tax-exempt organizations, saying they don't have to file Form 4626 ...

The American Institute of CPAs sent the letter to the Treasury Department and IRS in response to earlier notices about 280E ...

(CNN)– The Internal Revenue Service has announced some notable changes for tax year 2025. New tax brackets reflect an ...