The Internal Revenue Service has declared 83 pieces of old guidance in the Internal Revenue Bulletin to be obsolete in ...

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

New law exempts up to $25,000 in tips from federal taxes, delivering on Trump’s campaign pledge Unclear rules leave workers ...

The IRS guidance states, “If the payment is a refund of state taxes paid and either the recipient claimed the standard deduction or itemized their deductions but did not receive a tax benefit ...

The Internal Revenue Service (IRS) has issued new guidance for taxpayers who engage in transactions involving virtual currency, including cryptocurrency. The new guidance, which is intended to ...

The IRS said it would eliminate 83 pieces of guidance that have been deemed obsolete, as part of President Donald Trump’s ...

“Taxpayers rely on IRS guidance at their own peril,” Judge Joseph W. Nega wrote in an order entered on April 15 th---an order denying a motion that he reconsider his earlier decision to ...

The Internal Revenue Service (IRS) released an updated frequently asked questions document for taxpayers and tax professionals this week regarding Form 1099-K, which is used to report income for ...

Tens of millions of taxpayers in 21 states — not including Michigan — were told a week earlier to hold off filing their federal income tax returns until the IRS could give guidance. The IRS ...

The IRS has issued guidance for some taxpayers who took out federal or private student loans to finance attendance at a nonprofit or for-profit school. Newsletters Games Share a News Tip.

The IRS has issued guidance for taxpayers affected by Coronavirus. Here's what we know. Newsletters Games Share a News Tip. Featured. Featured. Breaking News. White House Watch. Daily Cover Stories.