The era of paper tax refund checks is ending. The IRS is moving to an all-electronic system. Learn why direct deposit is now ...
Tax season in Hawaiʻi is a high stress time period. From doing taxes for the first time to figuring out how to do taxes with ...
Here's what to know about income tax ahead of tax season, including what it is, how it works, how to calculate it and which ...
The Internal Revenue Service began furloughing nearly half its staff Wednesday because of the ongoing government shutdown, sparking chaos and confusion among employees as the news rippled through ...
The IRS will not immediately be impacted by the partial government shutdown that began on Wednesday, Oct. 1. Congressional leaders failed to agree on funding legislation necessary for the U.S.
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer Identification Number and Certification. Here’s a look at what’s new—and why it matters ...
The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...
Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
According to the agency, thousands of taxpayers have filed inaccurate returns after following misleading posts and bad actors posing as tax experts online. The problem prompted more than $162 million ...
The Internal Revenue Service is no longer planning to pursue layoffs as it seeks to rebuild parts of its workforce. The tax agency is now working to plug staffing holes with hiring, reassignments and ...