After identifying your tax rate, multiply your taxable income by this percentage to calculate your withholding amount. Keep ...

From facial recognition tools to algorithms that identify diseases, agencies reported that they didn't know enough about what ...

The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.

Last tax season, another free tax filing program launched: IRS Direct File. Unlike Free File, Direct File aims to be ...

The new administration has discussed creating a strategic bitcoin reserve. What accounting changes would we see as a result?

U.S. President-elect Donald Trump's aides with the Department of Government Efficiency (DOGE) have spoken with staffers at ...

An estimated 1 million Americans will be getting a financial boost from the IRS for previously unpaid stimulus, officially ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

With the 2025 tax season opening this month, Free File could be just what you need to get your taxes done early -- and for ...

Here are the tax brackets for 2024, which are the taxes you pay in 2025. Income tax is progressive: the more you earn, the ...

Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to avoid a ...

This year the IRS is giving eligible filers an affordable head start. Starting today, IRS Free File will begin accepting ...