As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
The Internal Revenue Service unveiled Thursday its 2026 federal income tax brackets and deductions for the new tax year.
The IRS issued an “urgent” alert on Wednesday, warning tax preparers of possible scams. According to the IRS, a new scam email is circulating that is impersonating the IRS and attempting to steal tax ...
The number of Internal Revenue Service audits is set to spike in the coming years as the tax agency takes aim at specific groups. In a statement, the IRS said it is planning more audit focus on the ...
The standard deduction is also going to increase for the 2026 tax year, so those high earners who claim the standard deduction will get to subtract more of their money from their taxable income. The ...
Direct File has been one of the IRS's most popular and successful programs in recent years. In 2025, it will expand significantly and become available to twice as many states. In the coming tax year, ...
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Why you should give your bank details to the IRS now
Learn why sharing your bank info with the IRS can speed up refunds and keep your 2025 tax payments secure and on schedule.
Internet security vendor reports a 3,000 percent increase in the number of phishing attempts to trick taxpayers to give up personal information. E-mails that fraudulently claim to be from the Internal ...
This year, the tax filing season is starting off strong. The initial data from the IRS indicates that taxpayers are getting their returns in more quickly than they did last year. Tax season opened on ...
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