Taxes
Latest News
Good news from the IRS for thousands of American workers – Announces significant tax relief for farmers and ranchers who meet these requirements
New IRS rules give farmers and ranchers more time to replace livestock sold during drought, helping ease financial pressure.
What will the IRS tax brackets be in 2026? A new projection suggests increases in the reference rates with incomes of up to $768,701...
New projection suggests increases to benchmarks with incomes up to $768,701
How is capital gains tax calculated and which gains are taxable?
A step-by-step guide to understanding capital gains, how they’re taxed, and which profits you need to report
What are the deadlines to pay taxes without interest or penalties?
As far as the Internal Revenue Services is concerned, they have set deadlines on filing the returns and on making the payments, each of which comes with consequences if the specified date is missed.
Major IRS changes for millions of Americans – Here are the rules on when you will receive a 1099-K form for online ticket sales...
The IRS has rolled back confusing reporting rules for 1099-K forms, but ticket sellers and online resellers still need to know when taxes apply.
Neither Florida nor New York – This is the state with the most H-B1 visas in the US with skilled workers who will be...
California holds top spot for H-1B visas and faces major impact from new $100,000 fee
Goodbye to paper IRS payments – These are the unbanked households in the US that will continue to receive physical refund checks after September...
Everything you need to know about paper IRS Payment including when the IRS will stop sending paper refund checks to some households.
IRS announces per diem rates that will apply from October 1, 2025
IRS keeps 'high-low' per diem rates for business travel unchanged
Good news for wealthy taxpayers – IRS estate and gift tax exemption rises to $15 million in 2026
New law locks in higher exemption, letting couples shield up to $30 million from estate and gift taxes starting in 2026.
IRS releases draft copy of Schedule 1-A for 2025 deductions on tips, overtime pay, car loan interest
IRS introduces Schedule 1-A: Claim new deductions on tips, overtime, car loans, and senior benefits for 2025
Iconic Candy revives beloved 90s flavors to bring memories flooding back
Retro Sours and Bubble Jug return as Iconic Candy revives 90s favorites for old fans and new generations.
Good news for American seniors – New IRS deduction of $6,000 ($12,000 couples) lowers 2026 taxable income
A new $6,000 deduction for seniors — or $12,000 for couples — could mean lower taxes on income and Social Security, but the break only lasts until 2028.
Bad news for American high earners – IRS confirms tips over $25,000 remain fully taxable under new rules
Why wealthier workers cannot claim the new “no tax on tips” benefit and what this means for your 2025 taxes
State and Local Taxes (SALT) Deduction in 2025: How much is it, requirements, limits, who qualifies, and how to claim it to the IRS
What the new laws mean for your taxes this year
What are Required Minimum Distributions and how are they calculated?
Understanding required minimum distributions can help retirees avoid penalties, save on taxes, and make the most of their retirement savings.
IRS steps up scrutiny of short-term vacation rentals
IRS to monitor vacation home rentals more closely
Good news for taxpayers hit by floods: IRS provides relief
Wisconsin residents and businesses in disaster zones now have extra time to file and pay federal taxes
It’s not just social security: IRS checks also going digital on September 30
What the September 30 deadline means for your IRS tax refunds, Social Security benefits, and other federal payments
2026 tax brackets outlook: what the latest forecasts say
Forecast project at least a 2.5% increase for 2026 COLA adjustments
Good news for american service workers – IRS allows up to $25,000 in tax-free tip income starting in 2026
The new law lets millions of tipped workers deduct up to $25,000 from taxable income, giving service employees more take-home pay through 2028.
Taxpayer reports IRS backlog: “I’ve been waiting months for my Employee Retention Credit claim to process”
The IRS still holds nearly 600,000 unprocessed employee retention credit claims, leaving small businesses and nonprofits waiting for long-delayed relief.
Taxpayers hit by IRS delays complains: “I filed early, but my refund still hasn’t arrived”
IRS has improved taxpayer services but remains slow to resolve identity theft cases
Good news for thousands of seniors – Social Security payment checks of $943 SSI will continue after Sept. 30
Seniors can breathe easier as $943 SSI checks will continue after Sept. 30, with waivers available for those unable to switch from paper payments.
Unpaid taxes could cost you your passport. These are the main IRS penalties for 2026
From hefty fines to passport revocation, the IRS’s projected 2026 penalties show why staying on top of your taxes is more important than ever.
Latest inflation data suggests 2026 Social Security COLA could be higher than forecast
August inflation boosts COLA estimate to 2.8% for 2026, but rising Medicare premiums may wipe out much of the gain for seniors.