The standard deduction is a portion of income that is not subject to tax and can be used to reduce a tax bill instead of ...

What Is Form 4070A: Employee's Daily Record of Tips? Form 4070A, issued by the Internal Revenue Service (IRS), is a daily log employees can use to track and report tips received from customers.

The first tax filing following divorce can be difficult for your clients, and it's not just about deductions and credits. For ...

Internal Revenue Service Commissioner Billy Long is stepping down. Jacob Bogage, White House economic correspondent at the Washington Post, talks with NPR's Ari Shapiro.

Buzz has begun about whether the IRS will delay its 2026 tax filing kickoff. IRS says it will announce the timing of "opening ...

Learn how the Dividends Received Deduction (DRD) helps U.S. corporations reduce taxable income by alleviating triple taxation ...

Buzz has begun about whether the IRS will delay its 2026 tax filing kickoff. IRS says it will announce the timing of "opening in the regular course." ...

The auto loan interest deduction gives a tax break to car shoppers who buy American, a stipulation that applies to more ...

Ellen Aprill of UCLA discusses the legal battle between Harvard and the Trump administration over the university's tax-exempt ...