The IRS has raised the standard deduction for married couples filing jointly to $32,200 for the 2026 tax year.

Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced ...

The IRS has announced a significant increase in the standard deduction for 2026, setting it at $32,200 for joint filers. This ...

The IRS has announced new capital gains tax brackets for 2026, increasing income thresholds across all rate categories due to ...

Required minimum distribution amounts are calculated by dividing a life expectancy factor into the relevant account balance from Dec. 31 of the preceding year. For instance, to calculate RMD amounts ...

The U.S. Department of the Treasury and Internal Revenue Service announced penalty relief Monday for employers and payors ...

On July 1, the US Senate passed US President Donald Trump's tax and spending bill. The package, informally known as the “One ...

The IRS delays key payroll and withholding updates, giving taxpayers and employers a temporary break before new rules arrive in 2026.

The IRS has announced a delay in implementing updated tax withholding tables until the fiscal year 2026. This decision aims to prevent disruptions for employers, payroll processors, and taxpayers who ...

As the famous saying goes, there are only two certainties in life: death and taxes. And every taxpayer should be aware of major changes to the tax code for the 2026 tax year. These include the tax ...

Americans, particularly the affluent, are set to receive larger tax refunds or smaller tax bills when they file in 2026, because of President Donald Trump’s tax and spending package passed in July, an ...