The Trump administration has been introducing several new financial decisions and policies that are not being widely welcomed ...

A memo to states last week confirmed what many have long expected was coming: “IRS Direct File will not be available in Filing Season 2026. No launch date has been set for the future.” ...

The Internal Revenue Service has shut down its Direct File free tax-filing program, sending an email to the 25 states that ...

While the IRS hasn’t officially confirmed that the program is dead, the website indicates that the program is closed—and ...

As the IRS begins accepting 2024 tax returns, individuals should prepare for potential delays with certain credits, ensure all income is reported, and consider filing for an extension if necessary.

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, ...

As the federal government shutdown grinds on, most Internal Revenue Service operations are closed. With agency-wide furlough in place since Oct. 8 for everyone except already-identified excepted and ...

Tax brackets for 2026 have edged higher, keeping in step with inflation. Those who are feeling financial strain right now are about to get some relief. Taxation of capital gains won't hurt quite as ...

The Internal Revenue Service has announced updated standard deduction amounts for the 2026 tax year, including a modest, yet meaningful, increase for Americans age 65 and older. The change, which ...

Claiming family tax credits is a must if you're eligible. Not only can family tax breaks lower your tax liability, but they may even increase your refund. However, which credits you qualify for can ...