The Internal Revenue Service (IRS) has released its annual inflation adjustments for the 2025 tax year, providing crucial updates that will affect taxpayers when they file their returns in 2026. These adjustments, detailed in the Tax Procedure 2024-40 ...

The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.

The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.

No one loves the Internal Revenue Service, but we need the much-maligned agency having enough resources to make sure that everyone pays their fair share of taxes to support Uncle Sam and Republicans should not slash that funding.

With the holidays right around the corner, it’s a hard pill to swallow that tax season is also coming up. Inflation has impacted many American wallets, and to help taxpayers prepare to file in 2025, the Internal Revenue Service has announced annual inflation adjustments that highlight changes to more than 60 tax provisions.

The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for the energy investment tax

Although you may not be too sympathetic to the plight of the IRS, the reality is that the loss of these funds is likely to have a real-world impact on what the agency can do. Adeyemo explained some of the things that would happen if the money is not restored:

IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes.

The IRS has unveiled its annual inflation adjustments for the 2025 fiscal year, impacting over 60 tax provisions.

No one loves the Internal Revenue Service, but we need the much-maligned agency having enough resources to make sure that everyone pays their fair share of taxes to support Uncle Sam and Republicans should not slash that funding.

The General Assembly created so-called “Tier 2” pensions in 2010 in hopes of avoiding long-term liabilities, but the benefits are not enough to retire on, those workers say.