The maximum credit for families with two children will increase to $7,316, up from $7,152 in 2025. Those with one child can ...

The IRS delays key payroll and withholding updates, giving taxpayers and employers a temporary break before new rules arrive ...

See Trump rebate eligibility, inflation checks status, IRS where's my refund direct deposit payment, track social security number ...

IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

The US Internal Revenue Service (IRS) has announced that the annual gift tax exclusion will remain at $19,000 per recipient in 2026, the same as ...

As crypto investors face market volatility and tax pressure, the IRS Hardship Program offers temporary relief from collections and penalties.

The agency is urging taxpayers to know their banking details. Critics have called the transition to all digital payments ...

The relief allows farmers who had to sell livestock earlier than planned to defer taxes on capital gains from those sales or ...

“Treasury and the IRS understand there might be challenges implementing the new law and have determined it is in the interest of sound tax administration to provide limited penalty relief related to ...

The IRS MATH Act aims to simplify communication between the IRS and taxpayers by providing clear explanations for tax errors.

Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.