Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to around 170 million letters that are ...

The AICPA said taxpayers and tax professionals need certainty about how to claim the deductions for 2025. The IRS has said it will not update its forms until 2026.

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

WASHINGTON – Be prepared for the tax man to get even more personal this year – with questions about your health insurance. For the first time, you'll have to state whether you had health insurance, ...

To clarify, this isn’t a tax change; it’s a reporting change. All taxable income should be reported to the IRS regardless of the platform or volume, regardless of whether you get a 1099-K form in the ...

Rather than replacing human talent, AI can complement professionals, making their work more meaningful and attracting new ...