Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...

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

The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...

IRS says lenders can offer an online portal to buyers for spotting total amount of interest paid on new car loans in 2025. Borrowers who took out a car loan in 2025 will need to file a new Schedule ...

The Trump administration is reportedly considering making changes at the division of the IRS dedicated to conducting criminal investigations, The Wall Street Journal reported Wednesday, which could ...

The AICPA asked the IRS and Treasury to provide guidance on the reporting and substantiation requirements for deductions of qualified tips and overtime pay allowed under the sweeping new tax law, ...

The Internal Revenue Service (IRS) released its new tax brackets and rates for the upcoming tax filing year. Yahoo Finance Senior Columnist Kerry Hannon joins Mind Your Money host Allie Canal to break ...

The IRS recently filed notices of a federal tax lien against Republican Sen. Jim Justice of West Virginia — the latest example of ongoing financial troubles that have trailed the former governor, ...

Inflation refund checks and Anchor rebate checks are on the way for some Americans, as others are waiting on a tariff rebate update, IRS tax refund or another stimulus check in 2025. Here's what to ...

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...

Inflation refund checks and Anchor rebate checks are on the way for some Americans, as others are waiting on a tariff rebate update, IRS tax refund or another stimulus check in 2025. Here's what to ...

In his second-term drive to create a truly imperial presidency, Donald Trump is expanding many paths first blazed by his discredited predecessor, Richard Nixon. It’s no accident that Trump’s ...