Tax deductions

The IRS provided more details about the settlements it's offering for a limited time in syndicated conservation easement and historic preservation claims.

Trump took his economic pitch to The Villages in Florida where he promoted a deduction for seniors that helps reduce their tax burden.

A group of bipartisan bills moved through the House this week that would make changes in IRS administration, customer service, taxpayer privacy, tax return processing, as well as disaster relief and tax breaks.

The Justice Department's order delivers meaningful tax relief to the medical cannabis industry and signals a serious federal effort to align with state laws.

The IRS posted an updated fact sheet on the tax rules surrounding educational assistance benefits after the passage of the One Big Beautiful Bill Act.

Frank Bisignano testified on Tax Day during a Senate hearing about this past filing season and how IRS operations were affected by the new tax deductions.

Josh Gottheimer is looking to roughly double the cap on state and local tax deductions, in a bid to secure more savings for residents in high-tax states.

Americans rushing to meet the tax deadline are getting bigger refunds on average thanks to Trump's tax law, though the savings are falling short of his promises.

The Internal Revenue Service will need to be ready for a wave of tax return filings from procrastinating taxpayers, as well as requests for extensions.

The IRS declined to include accountants or tax preparers as qualified occupations, despite support in public comments.

The Internal Revenue Service and the Treasury released final regulations on the new tax deduction for tipped employees under the One Big Beautiful Bill Act.

If Congress attempts to pass a second tax bill before the midterms, Rep. LaLota plans to push to expand the state and local tax deduction.

A clear pattern is emerging of sectors that stand to win the most from the deductions and special preferences in the One Big Beautiful Bill Act.

Normally, election years are not very active years for tax legislation ... but there are signs this might not be a normal year.

The Internal Revenue Service issued a revenue procedure on how businesses can take advantage of new tax breaks offered by the OBBBA and withdraw elections made under the old rules.

Americans' tax refunds are averaging about $350 higher than this time last year but so far running well below the extra $1,000 President Donald Trump promised.

The new IRS Tax Withholding Estimator accounts for changes to tax credits and deductions introduced by the One Big Beautiful Bill Act.

The IRS's changes in its instructions for claiming the new tax deduction for tips is making it more difficult for self-employed and gig economy workers.

Here's a tip; what a relief; established client base; and other highlights from our favorite tax bloggers.

What are taxpayers currently asking their preparers?