Mayor Zohran Mamdani’s administration says it’s increasing enforcement against unscrupulous tax preparers as well.

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up to $6,000 per person in income from their federal returns or up to $12,000 ...

Tax refunds this year are expected to be larger than usual, so many Americans may be wondering how they can get their hands on theirs as quickly as possible. The fastest way by far is electronically, ...

January kicks off tax-filing season as the IRS 2026 tax season opens. Here's what to know about the new federal income tax brackets and when the IRS will start accepting your 2025 tax returns. The IRS ...

Tax filings for the 2026 season begin Jan. 26, the agency announced. “The Internal Revenue Service is ready to help taxpayers meet their tax filing and payment obligations during the 2026 filing ...

The Internal Revenue Service said Monday, Jan. 26 would be the opening day of the 2026 tax-filing season for individual returns. "President Trump is committed to the taxpayers of this country and ...

A host of tax-related changes means filing season will look different this year. The Internal Revenue Service is advising people to start preparing now ahead of the official opening of filing season.

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.

Parents cannot depend on an automatic enrollment system to create a new Trump Account for their children. To qualify for the $1,000 pilot program contribution for a Trump Account, a child must be a ...

WASHINGTON, DC - OCTOBER 07: Erin M. Collins, National Taxpayer Advocate, Taxpayer Advocate Service testify's at the House Committee on Oversight and Reform on October 07, 2020 in Washington, DC.

The IRS has released initial guidance on contributions, limits and withdrawals for the new Trump accounts authorized under the One Big Beautiful Bill Act—as well as how to apply to open one. Trump ...

The IRS has released guidance for the federal tips and overtime deductions enacted via President Donald Trump's "big beautiful bill." However, reporting requirements for 2025 could cause confusion for ...