For the 2025 tax year, the 'One Big Beautiful Bill' made several changes to deductions and tax laws. Some of these will ...

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

Some widely talked about tax breaks will only benefit a sliver of Americans, while other changes will benefit far more people ...

Here's when the IRS will start accepting returns, how to deduct overtime and tips, the 2025 tax brackets, and when your ...

The Credit for Increasing Research Activities, known as the R&D credit, was established to encourage research spending in the US. And it will remain a priority for the IRS, even after the tax agency ...

If you live in Ohio, Georgia, Indiana, Kentucky, Mississippi, Montana, Nebraska, North Carolina, or Oklahoma, congratulations, you’re going to get a break on your state income taxes in 2026. If some ...

WASHINGTON — The IRS is increasing the standard mileage rate for commuters driving on business, meaning some employees could see an increase in their reimbursement checks this year or a lower tax bill ...

High-profile tech investors criticized a proposed tax on the ultrawealthy in California in the final hours of 2025, while some of the state’s big-name billionaires took steps to create distance ...

NEW YORK (AP) — Enhanced tax credits that have helped reduce the cost of health insurance for the vast majority of Affordable Care Act enrollees expired overnight, cementing higher health costs for ...

People who use their cars for work will be able to deduct more money per mile on their taxes in the new year. The Internal Revenue Service (IRS) announced this week that the standard mileage rate for ...