You’re going to look at probably 94 percent plus of middle class Americans getting a boost," Frank Bisignano said this week.
The 2026 tax season will witness "the biggest refunds that we've ever seen," according to the chief of the IRS and Social ...
The IRS does not count animals as dependents. Instead, the federal government views them as property. Dependents are often ...
Americans who hit jackpots at casinos stand to gain in 2026. The IRS just confirmed a major shift: the taxable threshold for ...
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Late billionaire tax cheat Robert Brockman’s heirs agree to pay $750M to IRS in epic fraud case
Late software mogul’s estate has agreed to shell out $750 million to settle what prosecutors said was largest individual ...
Tax bracket adjustments for the 2025 tax year — including federal income tax brackets — increased by an average of around 2.8 ...
New York resident and lawyer Amanda Reynolds cites Section 152 of the Internal Revenue Code, arguing that her dog Finnegan ...
Heading into the new year, Senate Democrats are raising concerns about the Internal Revenue Service's ability to handle the ...
Clarifying that business interest expense subject to Sec. 163 (j) includes any interest incurred and capitalized during the tax year, except for interest capitalized under Secs. 263 (g) and 263A (f); ...
Tax professionals say many taxpayers are unaware that the IRS has broad authority to seize funds once required notices are ...
Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.
For days after the deadly shooting near Brown University, federal authorities struggled to piece together the movements of a ...
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