An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act ...

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...

The Internal Revenue Service Math and Taxpayer Help Act, or IRS MATH Act, is now law after President Donald Trump signed it on Monday. The bipartisan, bicameral proposal is meant to simplify the ...

An update on regulations and guidance surrounding Trump Accounts—which are a new type of Individual Retirement Account (IRA) for children under 18, created under the Working Families Tax Cuts ...

The U.S. government is getting back up to speed after the longest government shutdown in history. Airports have resumed their full schedules, which is a relief to anyone who’s planning to fly this ...

I may not be the first to tell you, but don’t forget about an additional benefit of the 870-page One Big Beautiful Bill Act passed in July. As prize promotion sponsors and administrators know, an IRS ...

As the Senate advances a possible end to the 40-day government shutdown, the Internal Revenue Service is adjusting its plans amid a wave of layoffs and program closings. In a court filing last week ...

WASHINGTON—The Internal Revenue Service is officially ending Direct File, the free, government-run tax-filing pilot program that the Biden administration started last year. Instead, the Trump ...

Gov. Greg Abbott recently told a room of GOP faithful that he is determined to stop cities and counties from raising property taxes, slamming Austin for proposing a rate hike to raise $110 million to ...

Due to the government shutdown—now in its third week—IRS operations are limited. Despite the need to prepare for the upcoming tax filing season—with new tax laws like no tax on tips in place—the IRS ...

LAS VEGAS (KTNV) — The federal government may be shut down, but your tax obligations remain. While April 15 was the official deadline for filing a 2024 tax return and paying the bulk of one's ...