News

The Republican-led House Appropriations Subcommittee proposes a significant cut to the IRS budget, sparking a heated debate ...
The U.S. Internal Revenue Service (IRS) is at the heart of a heated political debate. A Republican proposal aims to ...
A House Appropriations subcommittee has passed legislation that would allocate $9.5 billion to the IRS for fiscal year 2026, ...
The IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...
The Tax Policy Center crunched the numbers on the new tax cuts and credits—and the top 20% of earners will get the biggest ...
In 2026, student loan borrowers in the U.S. will face new tax challenges due to changes introduced by President Trump's tax reform.
The student loan forgiveness tax break ends Dec. 31, 2025, meaning forgiven debt may soon be taxable again. Borrowers on ...
The tax code is changing again, and if you’re filing for 2025, Trump’s ‘big beautiful’ bill could mean a bigger refund next ...
With the One Big Beautiful Bill Act signed and on the books, the next step for tax professionals will be to dive in and figure out all the ways it impacts their clients.