News

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
A policy change by the Trump administration could have large impacts on churches throughout Montana and the country. And in a ...
Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
Tax year 2026 and filing season 2027 are the target date for retiring the Filing Information Returns Electronic, or FIRE, ...
The IRS is urging taxpayers who requested an extension for their 2024 federal tax return to file during the summer months. By doing so, you can avoid the autumn rush, reduce the risk of errors, and ...
The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the government watchdog noted that the 2025 filing season was successful, there are ...
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...
The new bonus deduction is available for taxpayers aged 65 or older that itemize their deductions. Single filers will receive $6,000 and for married-filing-jointly couples, $12,000 if both spouses are ...
The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While many provisions of the new federal budget law signed by President Donald Trump ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.