On September 16, 2025, the Internal Revenue Service (IRS) released a final regulation providing guidance on how plan sponsors should implement a requirement under the SECURE 2.0 Act for catch-up ...

Tax professionals must renew their Preparer Tax Identification Numbers to remain compliant and avoid penalties.

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Millions of taxpayers have been reminded to file their 2024 tax returns by the end of Wednesday. The Internal Revenue Service (IRS) said the October 15 deadline applies to taxpayers who were granted ...

WASHINGTON — The Internal Revenue Service announced this week that Americans will see modest increases in standard deductions and tax bracket thresholds for 2026, part of the agency's annual inflation ...

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 ...

Millions of Americans are set to see changes to how much they can deduct, save and claim on their taxes, as the IRS has released its inflation-adjusted tax thresholds for 2026. The updates affect more ...

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 ...

MISSOURI — The IRS plans to lay off about half of its workforce due to the government shutdown, potentially affecting taxpayers who have yet to file their taxes. The layoffs would result in 34,000 IRS ...

(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 ...