Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra ...

Cars, minivans, vans, SUVs, pickup trucks, or motorcycles, weighing less than 14,000 pounds qualify, according to the IRS.

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the new tax deduction for paying interest on vehicle loans ...

The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.

Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some alternatives.

A new report from the tax agency that was requested by congressional Republicans said that dropping Direct File “is in the ...

The Internal Revenue Service has posted guidance in the form of questions and answers on digital asset broker reporting on ...

Taxpayers in 25 states will need to find a new way to file their taxes in 2026 as the IRS has shut down the free Direct File ...

The announcement signals the likely end of Direct File — a project that Trump administration officials and Republican lawmakers targeted this year.

Notice 2025-62 PDF provides penalty relief from the new information reporting requirements for cash tips and qualified ...

An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...