Taxpayers and businesses are encouraged to review IRS instructions and updates closely as new rules take effect.

The Internal Revenue Service (IRS) has announced major revisions to the U.S. tax code following the passage of the One, Big, ...

The IRS introduces new tax deductions that will impact seniors, workers with tips/overtime and car loan users.

Over the next few months, millions of Americans across the country will begin their annual preparations for filing their taxes in April. Ahead of tax season, the Internal Revenue Service (IRS) has ...

Installing solar panels can lower your energy bills for years -- and the federal solar tax credit still helps cover the ...

"We are in a little bit of a pothole," said GOP Sen. Bernie Moreno, who previously expected the compromise to be unveiled ...

The Republican framework for "Reconciliation 2.0" includes an expansion for the child and dependent care tax credit. Here's ...

Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.

What is the EV tax credit? Learn who qualifies, income limits and how to claim up to $7,500 for electric vehicles. Find out ...

Americans over 60 can take advantage of some great tax credits. Find out who is eligible for which tax perks and how you can ...

Holiday spending may qualify you for tax credits on energy upgrades, EVs, education, childcare, adoption, and more. Here's ...