Under the new tips deduction, employees and self-employed individuals can now deduct “qualified tips” received when filing their taxes, according to the IRS.

Former Missouri congressman Billy Long was ceremonially sworn in as commissioner of the Internal Revenue Service on Friday in ...

This week in Washington, the Trump administration faced increasing political controversy over its handling of documents ...

Key Points The "big, beautiful bill" provides a deduction, but doesn't eliminate the federal tax on Social Security.The ...

The solar tax credit, plus other residential clean energy and energy efficient home improvement credits, are about to expire.

About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated ...

The new tax cuts and spending law signed by President Trump on July 4 could provide savings for all income groups, an ...

Most US adults think the new tax law will help the wealthy but few see benefits for the middle class, AP-NORC poll finds ...

The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...

Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have ...

Federal tax and spending legislation signed into law by President Donald Trump on July 4 delivers substantive benefits to the ...