Middle-class families are heading into the 2026 filing season with a tax code that looks familiar on the surface but hides ...

The 2026 tax season will witness "the biggest refunds that we've ever seen," according to the chief of the IRS and Social Security Administration Frank Bisignano.

That breaking news. The big question is California's middle class tax refund. Tax exempt. Well, within just the last hour, the I. R. S. Finally put out guidance that says it is tax exempt. Finally ...

It doesn’t take a high income to land in a high tax bracket. A single adult earning $48,000 finds themselves paying 22% on their top-taxed dollars. Learn More: American Opportunity Tax Credit: What Is ...

Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

You’re going to look at probably 94 percent-plus of middle-class Americans getting a boost," Frank Bisignano said this week.

The IRS reversed course last week, advising early tax filers who included the Middle Class Tax Refund as taxable income to recoup the money by amending their 2022 federal tax returns. The Internal ...

In Washington, facts are often the first to fall victim to political agendas—and few issues highlight this better than the ongoing debate over President Trump’s 2017 Tax Cuts and Jobs Act (TCJA). As ...

The Internal Revenue Service got an audit of its own in time for Tax Day, and two irregularities jump out. President Biden’s plan to hire a new army of tax collectors is falling flat, and the agents ...

This opinion piece by Professor Jay Soled was first published in The Hill on 4/2/2023. Last year, as part of the Inflation Reduction Act, Congress granted nearly $80 billion of additional funding to ...

The IRS released details Thursday on how the agency plans to use $80 billion in funding from the Inflation Reduction Act passed by Congress last year. Of that amount, the Congressional Budget Office ...