The IRS has unveiled the updated tax brackets for the fiscal year 2026, even amidst a partial government shutdown. These ...

A number of changes are in store for taxpayers in the coming years and the Internal Revenue Service just gave insight into ...

As of midnight on October 1, the government is officially shut down. That means the U.S. government ran out of money and needs Congress to authorize new funds. Nobody knows how long a shutdown might ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.

New IRS form lets taxpayers claim 2025 deductions on tips, overtime pay, car loan interest ...

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 ...

The Internal Revenue Service is telling appellate judges that 750,000 Arizonans are not entitled to a refund — up to $750 for a family — for the collective $20.3 million they paid in federal income ...