Via Daniel Libit of Sportico.com, the IRS filed last month a certificate releasing an $8.2 million tax lien on Rozier's ...

(a), taxpayers may deduct expenses paid during the tax year for medical care, provided these expenses are not compensated by ...

The IRS issued guidance on new deductions in the One Big Beautiful Bill Act for tipped and overtime pay for the 2025 tax year ...

The IRS has released provisions from the One Big Beautiful Bill Act (OBBBA) for workers who can claim deductions for the 2025 ...

The plan’s promised enhancements include improving claims submittal and processing and communication with whistleblowers.

IRS deploys Salesforce AI agents across divisions after massive staffing reductions, aiming to help overworked staff process ...

Claiming large refunds, and doing so by amending returns, increases the chance your filings will be scrutinized.

Takeaways For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime pay and qualified tips.

WV Republican Sen. Jim Justice, his wife, Cathy Justice agreed to pay over $5 million in unpaid federal income tax ...

The credit will apply to donations made to scholarship-granting organizations that support elementary and secondary students.

A federal judge sided with plaintiffs who argued that the data-sharing pact violated privacy laws, putting immigrants at risk of their information being “impermissibly used” by ICE.

Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.