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 ...

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 ...

Treasury Secretary Janet Yellen touted increased enforcement of tax laws by the IRS as helping to close the budget deficit by ...

While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...

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

Learn the IRS rates and inflation adjustments for 2024 federal taxes—tax brackets, federal income tax rates, new IRA rules, ...

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

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

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