Tax

The Internal Revenue Service confirmed Treasury Secretary Scott Bessent's term as acting IRS commissioner has expired, although he will continue to oversee it.

Questions this season reflect confusion about 1099 income, new OBBBA deductions and retirement considerations, according to data from online expert platform JustAnswer.

The legislation would eliminate income taxes for Americans who earn less than $46,000 and reduce income taxes for those making between $46,000 and $80,500.

Millionaire's lifestyle; Cocoplum loco; bourbon beef; and other highlights of recent tax cases.

California's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history.

Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight.

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

The IRS changed the submission process for groups that intend to operate as 501(c)(4) tax-exempt organizations, requiring them to submit forms through Pay.gov.

The firms that are starting to feel a real difference in the busy season are not working harder; they are redesigning the way the audit process runs.

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.