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 law, conceived under the One Big Beautiful Bill Act of 2025, is set to take effect in tax years 2025 to 2028. For now, however, it still is in a draft form, but is making waves throughout ...

IRS is developing a new Schedule 1-A to use to claim new ... A high AGI can increase the cost of Medicare Part B and D premiums. Taxpayers already are taking a below-the-line deduction on the 1040 ...

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

SEATTLE — Hockey is right around the corner and Spokane, along with Coeur d’Alene residents, can watch more than 70 Kraken games on KREM 2, KSKN 22 The Spot and Quest 22.2.

WASHINGTON—Treasury Secretary Scott Bessent has appointed Frank Bisignano to be the chief executive officer of the Internal Revenue Service, creating a new position to help run the beleaguered tax ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more. The IRS plan to permanently close the Taxpayer Assistance Center in Bozeman would be a huge loss ...

WASHINGTON (AP) — Social Security Administration Commissioner Frank Bisignano was named to the newly created position of CEO of the IRS on Monday, making him the latest member of the Trump ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

The ITAT deleted transfer pricing adjustments for Advertisement, Marketing, and Sales Promotion (AMP) expenses, confirming no ...

The Ohio State Buckeyes’ football program has a reputation that speaks for itself. Through 2024, the Buckeyes have claimed nine national championships and produced countless players across NFL rosters ...