News

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 IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...
The Republican-led House Appropriations Subcommittee proposes a significant cut to the IRS budget, sparking a heated debate ...
The Trump administration is warning of dire consequences if it cannot reverse the tax agency's recent staffing exodus.
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, ...
Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how ...
Under the 2017 tax bill passed under the first Trump administration, a cap was officially put on this deduction for the first time, limiting what taxpayers could deduct to $10,000. The cap is ...
According to Clear Start Tax, job loss doesn't just strain household income - it can create IRS debt from unreported unemployment income, early 401 (k) withdrawals, and untracked freelance or gig ...
Some Arkansas bettors will face changes with the 2026 tax rule, affecting win-loss deductions. Saracen Casino is monitoring its impact on key customers.
If you're making one of these seven common tax planning mistakes -- and many people are -- you could face higher tax bills or missed opportunities come 2026.
When will Trump’s ‘big’ tax law take effect? Here’s what to expect. Key provisions in the president’s signature legislation will take effect at different times over several years.