The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.

Learn about the top 7 tax deductions that could trigger IRS scrutiny and audits. Stay vigilant to avoid potential red flags! Pulte purge: Hundreds replaced amid ethics inquiry Friends buy home—not ...

WASHINGTON—The Internal Revenue Service is mounting a novel attack on Meta Platforms’ international tax maneuvers, seeking $16 billion in a move that extends and intensifies the decadelong fight ...

Tax season is stressful enough without wondering whether a single deduction will draw scrutiny from the IRS. The reality? Just 0.36% of individual returns were audited in 2023, according to IRS data — ...

WASHINGTON — The crime-fighting arm of the IRS spent less time tracking down tax evaders this year, instead picking up some new responsibilities, such as helping with immigration enforcement and ...

Speaking to WSJ Editorial Page Editor, Paul Gigot, the Chairman of the Senate Budget Committee, Sen. Lindsey Graham (R-SC), provides a candid assessment of how lawmakers plan to shape the business ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

Parents and teachers have been hearing a odd type of spoken word coming from the mouths of children – teens, pre-teens, elementary school students – and you may have heard it at a Thanksgiving table ...

IRA contribution limits are rising to $7,500 for savers under 50 and $8,600 for those 50 and over. 401(k) limits are increasing to $24,500 for savers under 50 and $32,500 for those 50 and over. There ...