The deadline for public comment on the proposed No Tax on Tips rule is this week. Restaurant industry groups say the rule ...
IRS Confirms 2026 Tax Bracket Updates. What Top Earners Need to Know. The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced ...
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.
The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well.
Many tax deductions, such as charitable donations and business supplies, are well known, but some are more obscure. With tax season upon us, here’s a look at how tax deductions work and three ...
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
The IRS has announced new 2026 tax brackets, with inflation adjustments that could slightly lower tax bills for high earners.
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Lea Uradu, J.D., is a Maryland state ...
Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.
There are no new credits or deductions available for this filing season. However, the IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and ...
Plus: Fantasy football winnings, tax benefits related to cars, stock options, a nod for IRS Chief Counsel, Taylor Swift tax, tax filing deadlines, and tax trivia.