Each year, the U.S. Internal Revenue Service (IRS) adjusts tax brackets for changes in the cost of living to calculate federal tax liability.

As the 2026 tax season approaches, U.S. taxpayers may face significant challenges due to substantial IRS workforce reductions ...

The Internal Revenue Service said Friday that it has collected nearly $1.3 billion in overdue taxes from wealthy households since last fall – thanks to a ramp up of enforcement efforts funded by ...

Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...

The Internal Revenue Service on Tuesday announced the annual inflation adjustments for standard deductions, marginal tax rates, earned income tax credits, adoption credits and more for 2025.

WASHINGTON D.C. – The Internal Revenue Service (IRS) issued a scam warning for tax filers nationwide. On Jul. 3, the IRS warned taxpayers about a new scam involving improperly claimed clean ...

The External Revenue Service would collect tariffs similarly to how the Internal Revenue Service ... Experts say Donald Trump's tariff plan could raise the cost of consumer goods and spark inflation.