In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...

2290. Sole proprietors who do not have an EIN are not currently eligible to set up a Business Tax Account. Instead, they can access their tax records by setting up an IRS individual Online Account.

The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets estate and gift tax ...

The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.

The standard deduction will rise to $15,000 for an individual or $30,000 for a married couple. The IRS on Tuesday announced ...

Higher federal income tax brackets and standard deductions will take effect at the beginning of January, potentially giving ...

The IRS typically announces its new tax brackets each fall, but experts are already forecasting next year's adjustments by crunching the same inflation data the tax agency uses in its annual resets.

Here’s How IRS Scammers Operate and What You Can Do to Fight Back Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. The fact is that ...

Each year, the IRS extends tax deadlines for taxpayers in designated areas impacted by severe storms and natural disasters. The IRS announces these tax deadline extensions for various states as ...

Income thresholds for all seven federal tax bracket levels were also revised upward. The top tax rate, which remains 37%, ...

The Internal Revenue Service said Thursday that the tax gap — the difference between taxes owed and paid — was $696 billion ...

This is the second time the IRS has delayed implementing the 1099-K $600 tax reporting rule. So, instead, for the 2023 tax year, a previous rule involving a much higher $20,000/200 transaction ...