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 ...

What do increased fraud, significant costs and operational inefficiencies all have in common? Paper checks, or, at least, those were the reasons cited when President Donald Trump issued an executive ...

People are increasingly handing decisions over to AI systems. Already, AI manages investment portfolios, screens job candidates, recommends whom to hire and fire, and can fill out tax forms on ...

The 2022 Inflation Reduction Act allocates $780 billion for climate change, including tax credits for clean energy. Homeowners can get a 30% tax credit for installing solar systems, boosting ...

Six years ago, Rick J. Taylor was at the pinnacle of his profession as a partner in the national tax practice of KPMG Peat Marwick, based in Washington, D.C. Not yet 40, the University of ...

Taxpayers who typically receive tax refunds by paper check could be surprised next year when the IRS initiates new steps to ...

The IRS will phase out the use of paper checks for refunds beginning Sept. 30 and will publish detailed guidance later.

The 2025 income limit for the tax credit for lower-income workers who save for retirement will increase slightly to $39,500 ...

The IRS announced today that paper tax refund checks will be phased out starting this month for individual taxpayers.Related video above: Are you eligible for Trump's tax relief on tips, overtime and ...

The checks will be “mailed over a multiple-week period” from September to November to qualifying individuals Kimberlee Speakman is a digital writer at PEOPLE. She has been working at PEOPLE since 2022 ...

The National Police Service Commission (NPSC) is set to kick off the long-awaited nationwide recruitment of 10,000 police constables, as part of efforts to strengthen Kenya’s security forces under the ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...