The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.
Drafts of the 2026 federal tax guide for employers and the 2026 federal income tax withholding methods, including changes based on the One Big Beautiful Bill Act, Pub. L. 119-21, were released Nov. 5 ...
You've spent decades contributing to a tax-advantaged retirement savings account. Now, for one reason or another, you want to ...
WASHINGTON — The Internal Revenue Service announced this week that Americans will see modest increases in standard deductions and tax bracket thresholds for 2026, part of the agency's annual inflation ...
(CNN) - The Internal Revenue Service is feeling the pinch from the government shutdown. Officials said they are furloughing nearly half of the agency’s more than 74,000 staff members. This move comes ...
WASHINGTON — Thousands of IRS employees will be furloughed as the partial government shutdown drags on, the tax-collecting agency notified employees on Wednesday. The updated IRS Lapsed Appropriations ...
The IRS will furlough nearly half of its workforce as part of the ongoing government shutdown, according to an updated contingency plan posted Wednesday to the agency website. Most IRS operations are ...
The IRS announced today that paper tax refund checks will be phased out starting this month for individual taxpayers.Related video above: Are you eligible for Trump's tax relief on tips, overtime and ...
According to the agency, thousands of taxpayers have filed inaccurate returns after following misleading posts and bad actors posing as tax experts online. The problem prompted more than $162 million ...
The Internal Revenue Service is no longer planning to pursue layoffs as it seeks to rebuild parts of its workforce. The tax agency is now working to plug staffing holes with hiring, reassignments and ...
In August 2025, a rumor spread online of the IRS distributing a new round of stimulus checks to Americans. Social media posts claimed that IRS officials "denied rumors of a $2,000 August payout," ...