The maximum credit for families with two children will increase to $7,316, up from $7,152 in 2025. Those with one child can ...

IRS opens PTIN renewal for 800,000 tax pros—those who miss the deadline face penalties, delays, and possible disciplinary ...

See Trump rebate eligibility, inflation checks status, IRS where's my refund direct deposit payment, track social security ...

The U.S. Senate passed a bill that will simplify the way the IRS sends math or clerical error notices to taxpayers regarding ...

Recently passed legislation would force the agency to put more information in the warning letters it sends taxpayers who’ve ...

As crypto investors face market volatility and tax pressure, the IRS Hardship Program offers temporary relief from collections and penalties.

The Internal Revenue Service has sent out a major reminder for tax professionals before the next season in 2026 ...

The US Internal Revenue Service (IRS) has announced that the annual gift tax exclusion will remain at $19,000 per recipient in 2026, the same as ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

The core framework from January remains intact, signaling that the IRS concluded its original approach met statutory ...

The relief allows farmers who had to sell livestock earlier than planned to defer taxes on capital gains from those sales or ...