The Latest Breaking News from Bloomberg Tax

Earn $60,000? Your Federal Tax Bill Could Drop by $171 in 2027 Under Projected New Brackets

Projected 2027 US tax brackets could rise 3.2%, potentially cutting some federal tax bills; a single filer earning $60,000 could save about $171.

International Business Times UK · Sep 17

H-1B visa fees likely to be increased to more than $100,000 by US govt. Who will be affected?

The Trump administration is proposing a $103,265 fee for H-1B petitions for workers hired within the US, adding a major cost for employers seeking skilled foreign professionals, according to Bloomberg Tax. The proposal follows a court ruling that overturned Trump’s earlier $100,000 H-1B fee for workers hired from outside the…

The Economic Times · Aug 24

IRS official sues agency claiming it leaked her info to Fox News and others who reported she had been fired

Republicans have previously criticized Holly Paz over ties to an official who resigned over a 2013 scandal

The Independent UK · Sep 18, 2025