The Trump administration has been introducing several new financial decisions and policies that are not being widely welcomed ...

A memo to states last week confirmed what many have long expected was coming: “IRS Direct File will not be available in Filing Season 2026. No launch date has been set for the future.” ...

The Internal Revenue Service has shut down its Direct File free tax-filing program, sending an email to the 25 states that ...

While the IRS hasn’t officially confirmed that the program is dead, the website indicates that the program is closed—and ...

As the IRS begins accepting 2024 tax returns, individuals should prepare for potential delays with certain credits, ensure all income is reported, and consider filing for an extension if necessary.

Americans, particularly the affluent, are set to receive larger tax refunds or smaller tax bills when they file in 2026, because of President Donald Trump’s tax and spending package passed in July, an ...

The AICPA asked the IRS and Treasury to provide guidance on the reporting and substantiation requirements for deductions of qualified tips and overtime pay allowed under the sweeping new tax law, ...

As the federal government shutdown grinds on, most Internal Revenue Service operations are closed. With agency-wide furlough in place since Oct. 8 for everyone except already-identified excepted and ...

Don’t expect to wait by the mailbox for your tax refund check in the spring. The Department of Treasury is transitioning to fully electronic payments, a change that means tax refunds issued by the IRS ...

Tax brackets for 2026 have edged higher, keeping in step with inflation. Those who are feeling financial strain right now are about to get some relief. Taxation of capital gains won't hurt quite as ...

Because of the increased IRS scrutiny of ERC claims, timing challenges associated with responding to the IRS, and the possibility that the taxpayer will have to file suit in federal court to receive ...