The IRS is asking the public to weigh in on tax preparation and filing options as it officially closes the door on Direct File, the free electronic filing tool that earned sky-high consumer experience ...

The IRS has updated the terms of the phase-out of the federal tax credit for electric vehicles to give buyers a little more time to secure the $7,500 tax credit. Trump’s ‘Big Beautiful Bill’ set a ...

The Republican megabill, signed by Trump on July 4, eliminated the IRA’s EV tax credits, which offered consumers up to $7,500 for purchasing a new EV and $4,000 for a used one. The credits are set to ...

The Internal Revenue Service has released a draft version of the 2026 Form W-2, Wage and Tax Statement, with new fields added to prepare the way for the tax exemptions on tips and overtime income ...

The Internal Revenue Service's Criminal Investigation unit has been cracking down on illegal sports gambling, even as the legal sports betting industry explodes in popularity. Every fiscal year, ...

After months of speculation, the government announced earlier this summer that the federal electric vehicle tax credit has an expiration date: Sept. 30. But not so fast: The Internal Revenue Service ...

The Internal Revenue Service headquarters in Washington, D.C. The Internal Revenue Service has provided guidance on how to deal with the restoration of full expensing of research and development costs ...

What just happened? The federal government's electric vehicle tax credit, worth up to $7,500, is set to expire at the end of September. But in a late clarification made last week, the Internal Revenue ...

If your business does $250k+ in revenue, and you'd like to get a free consultation with Khalil. You can do so here*: *Jaspreet Singh is a paid partner with The CommonWealth Group and a client.

Speculation of $1,390 direct deposit relief payments and other new stimulus check amounts in August for low and middle income taxpayers have been debunked by the Internal Revenue Service, but the new ...

Speculation of $1,390 direct deposit relief payments and other new stimulus check amounts in September for low- and middle-income taxpayers have been debunked by the Internal Revenue Service, but the ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...