The Latest Breaking News from IRS

‘We believe in the federalist system — that’s states’ rights,’ Oklahoma’s Gov. Kevin Stitt told The New York Times

Priscilla Presley is sued by former business partners over allegations of hiding $25 million in jewellery from the IRS — Presley strongly denies all claims.

If your paycheck feels smaller lately, you’re not alone. Workers are noticing lower take-home pay even when salaries haven’t changed. Between tax adjustments, benefit deductions, and new contribution limits, pay stubs are more complicated than ever. Employers rarely explain each line clearly, leaving many guessing where their money goes. Here’s…

The Internal Revenue Service on Thursday released inflation adjustments for dozens of tax provisions for 2026, alongside changes required by the One Big Beautiful Bill Act, lifting the standard deduction and shifting income thresholds that determine tax bills.

The IRS has adjusted federal income tax bracket ranges for the 2026 tax year to account for inflation. Here's what you need to know.

If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that specifically reports card payments and transactions from online platforms, apps or payment card processors. The 1099-K rules have changed a few times throughout the years, and they're changing again…

The analysis compared typical monthly rental costs with potential first-time buyer mortgage payments

As the federal government ends its EV tax credit, legacy automakers have moved to offer their own incentives to keep EV sales rolling.

The wisdom of financial planning often clashes with the messy reality of life, and for one couple in their early 50s, a strong retirement nest egg and a valuable home aren't enough to quell the severe anxiety of living paycheck to paycheck.