Starting next year, millions of Americans — from restaurant servers to retirees — could receive lower tax bills under ...

President Donald Trump’s recently enacted tax legislation includes a provision that eliminates taxes on tips, a measure he ...

Trump’s plan to end capital gains tax on home sales could benefit homeowners—but it’s stirring debate over its broader ...

For the second year in a row, the IRS has decided to postpone implementation of a rule change that might have resulted in 44 million more 1099-K forms being sent in January to tax filers who ...

The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped ...

The Internal Revenue Service said on Tuesday it would launch a free, government-provided direct tax filing option next year, which could lead to the full-scale launch of an IRS filing system that ...

The Treasury Inspector’s audit found that the IRS’ TE/GE Division had completed 570 (34 percent) of the 1,700 tax-exempt hospital compliance reviews it expects to finish before the end of the ...

IRS Commissioner Chuck Rettig wrote in a prefatory message that the Service was beginning in 2020 to prepare its first mandated report to Congress describing its implementation of the many reforms ...

The tax brackets for the 2024 tax year, set by the 2017 Tax Cuts and Jobs Act, aren't changing, but the cutoffs for each band of taxation will shift higher. The tax rates will remain 10%, 12%, 22% ...

It’s not clear how a new free e-filing system would line up with the IRS’s agreement with private tax preparers, but it may simply be allowed to expire if the agency decides to move ahead with ...