Taxpayer received an extension of time, under Section 301.7701-3, of 120 days from the date of this letter to file Form 8832 to elect to be treated as a disregarded ...

The House Republicans' bill includes at least $4.5 trillion in tax cuts over the next 10 years, but it would only extend the ...

Senate Majority Leader John Thune (R-S.D.) and other top Republican senators vowed to only vote for a permanent, rather than ...

The Child Tax Credit (CTC) has been a lifeline for many American families, especially during the COVID-19 pandemic.

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

If you don't think you can finish filing your income taxes by the April 15 deadline, you have options. To start, you can file ...

As a soybean farmer in Rep. Collin Peterson’s district, I thank the congressman for walking the walk and supporting farmers by sponsoring the Biodiesel Tax Credit Extension Act of 2019. This ...

For the new Congress, deciding the fate of the 2017 Tax Cuts and Jobs Act will present an immediate dilemma.

A letter sent to Internal Revenue Service (IRS) employees said those involved in the 2025 tax season won’t be able to accept ...

The National Treasury Employees Union president advised all federal workers not to accept the buyout offer, which she says is dubious.

The letter says that “critical filing season positions ... Taxpayers have until April 15 to file their taxes unless they are ...