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

The AICPA said taxpayers and tax professionals need certainty about how to claim the deductions for 2025. The IRS has said it will not update its forms until 2026.

The IRS has released new federal income tax brackets for 2026, the agency announced in a news release published on Thursday, Oct. 9. The updates are due to changes in inflation and a new tax law that ...

WASHINGTON — Thousands of IRS employees will be furloughed as the partial government shutdown drags on, the tax-collecting agency notified employees on Wednesday. The updated IRS Lapsed Appropriations ...

If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

Due to funding lapses, the IRS will begin an agency-wide furlough on October 8, though core operations related to filings and payments will remain active, according to a spokesperson. Now, only 39,870 ...

The Internal Revenue Service released next year's income tax brackets on Thursday, providing an early look at what Americans can expect to pay in their 2026 tax returns. The IRS announcement comes ...

The Department of Treasury is transitioning to fully electronic payments, a change that means tax refunds issued by the IRS ...

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Despite its partial closure due to the ...

(NEXSTAR) – Millions of Americans could see a financial bump thanks to inflation adjustments to the tax code announced by the IRS Tuesday. The changes to federal brackets, prompted by the rising costs ...

Oct. 9 (UPI) --The Internal Revenue Service on Thursday unveiled its 2026 federal income tax brackets and deductions for the new tax year. The IRS raised its income threshold for each tax bracket for ...