The 2026 tax season promises potential surprises for U.S. taxpayers, with new deductions and changes in IRS operations.
Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, ...
New IRS tax brackets for 2026 could slightly increase paychecks for millions of American workers. Lower brackets widened by ...
The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
Taxpayers could be stretched to new limits in 2026 as complicated new tax breaks kick into place on 2025 federal income tax returns.
Understanding these rules early can reduce uncertainty and keep entrepreneurs focused on growing the business.
More than 145 countries agreed on Monday to amend a 2021 global minimum corporate tax agreement, addressing Washington's ...
The One Big Beautiful Bill Act passed in July 2025 and includes sweeping changes to family-focused tax benefits. For families, the OBBBA means increases in certain tax credits, new savings ...
The new agreement exempts U.S. companies from OECD 15% global minimum tax rules that aimed to shut down tax havens and ...
Tax laws previously allowed gamblers to deduct up to 100% of their gambling winnings as losses with itemized deductions. That ...
As the calendar turns to 2026, Hoosiers are facing a wave of legislative changes that will impact everything from their bank ...