The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

Here's a rundown of changes to some well-known tax provisions for the 2026 tax year, plus how the “big, beautiful bill” may ...

Mainstream economics argues that the tax system is the best tool for reducing economic inequality. In fact, “predistributive” ...

Generally, after September 30, 2025, the Treasury Department has said that all federal agencies will cease sending and ...

The Federal Board of Revenue (FBR) is expected to announce an extension for the filing of income tax returns for the tax year ...

It was unclear how these tariffs would operate, since movies and TV shows can be transmitted digitally without going through ...

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 American Institute of CPAs (AICPA) has submitted recommendations to the US Department of the Treasury and the Internal Revenue Service (IRS) for the enhancement of tax forms used by estates and ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

Thousands of dollars in potential tax savings are available — but only through the end of the year. By Rachel Wharton The Inflation Reduction Act made home-renovation history in 2022 by expanding tax ...