It is unclear whether Frank Bisignano’s newly created role at the Internal Revenue Service will require Senate confirmation.

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

(CBS NEWS) — Americans could get some financial relief next year when the IRS adjusts its federal income tax brackets for inflation, a change that could help lower taxes for millions of households.

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Sept 15 (Reuters) - Colgate-Palmolive (CL.N), opens new tab will introduce new packaging and marketing for its toothpaste products, after Texas Attorney General Ken Paxton expressed concern that its ...

Democratic Portland Mayor Keith Wilson warned in an email sent to thousands of recipients that President Donald Trump could target Portland, Oregon, next if it doesn't fix its homelessness crisis, ...