The release was not spontaneous, nor was it a leak, as the IRS had already been considering releasing the code as a way to demonstrate a commitment to public trust and enable independent assessment of ...
As the time to file taxes in 2026 is coming soon, many people have yet to learn about all the ways the code has been updated.
The Internal Revenue Service (IRS) has announced major revisions to the U.S. tax code following the passage of the One, Big, ...
The agency will begin accepting returns the last week of January with the deadline to file set for April 15, 2026.
The tax code changes add a $6,000 deduction for taxpayers over 65 years old with a phaseout for taxpayers earning more than $75,000 a year or $150,000 a year for those married and filing jointly. This ...
The Internal Revenue Service (IRS) has proposed tax changes that could hold sovereign wealth funds (SWFs) and some public ...
IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...
IRS urges taxpayers to prepare now for the 2026 filing season with new rules, filing tips and major changes that could save ...
The BARCODE Efficiency Act is a companion to 2025 Senate legislation requiring scannable code on paper forms and the use of ...
Tax rules for wealth transfers and investment profits are shifting in 2026, and the changes are unusually generous. Bigger inflation adjustments, combined with new law, will raise the thresholds for ...