The Internal Revenue Service rolled out new details for how select taxpayers will be able to prepare and file their federal income taxes online directly with the IRS for free under a very limited ...

The IRS said Arizona, California, Massachusetts and New York have decided to work with the IRS in the Direct File pilot for filing season 2024 to integrate their state taxes into the pilot.

Higher federal income tax brackets and standard deductions will take effect at the beginning of January, potentially giving Americans a chance to increase their take-home pay in 2024 and shield ...

There are lots of tax changes for the 2025 tax year. Some reflect prior-year inflation. Others are new rules. But one thing is certain... all taxpayers are affected.

Let’s assume for this exercise that the federal budget came to $52,000 a year — or $1,000 a week — which is about the median household income in the U.S. For our purposes, that $1,000 a week ...