It was indeed possible to claim tax deductions in certain scenarios, such as medical costs for licensed service animals, performance animals, donations to qualifying nonprofits that support animal ...

These payments are intended for those who were eligible for the Recovery Rebate Credit in 2021 but did not claim it. Eligible taxpayers do not need to take any action to receive the payment. The ...

STATEN ISLAND, N.Y. -- The Internal Revenue Service (IRS) has announced that the nation’s 2025 tax season will start on Monday, Jan. 27, and will feature an array of expanded and enhanced tools to ...

IRS released annual updates for tax year 2026, adjusting tax brackets, standard deductions, estate tax exclusions and various ...

The Internal Revenue Service is no longer planning to pursue layoffs as it seeks to rebuild parts of its workforce. The tax agency is now working to plug staffing holes with hiring, reassignments and ...