Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...

The marginal rates for tax year 2025 are as follows: In 2026, for the tax year 2025, the standard deduction will get a $400 ...

The highly contentious partisan fight in Congress over federal spending is creating a strong possibility of a government ...

The battle over enhanced funding for the IRS took a new twist in December as Republican lawmakers set up another $20 billion ...

If not, you may get one by the end of January. Earlier this month, the Internal Revenue Service (IRS) announced they'll be issuing automatic payments to eligible individuals who did not claim the ...

In theory, IRS guidelines prohibit investors from buying "substantially identical" securities 30 days before or after selling them. "While the economic intent of the wash sale rule is straightforward, ...

You can get an automatic six-month extension of your tax filing due date by submitting IRS Form 4868. Are there penalties to filing your taxes late? What are they? Yes, there are penalties to ...

In theory, IRS guidelines prohibit investors from buying "substantially identical" securities 30 days before or after selling them. "While the economic intent of the wash sale rule is ...

It's officially 2025 and a good time to reassess your retirement planning. The Internal Revenue Service (IRS), in November, announced that it had increased the amount that individuals can ...