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The IRS faces potential turmoil in the 2026 tax season due to significant staff reductions. Despite a successful 2025 season, experts warn that the agency's ability to manage upcoming challenges is at ...
What you need to know about the changes and how it’ll likely affect everyone — including those without solar panels.
A major win for gamblers raises the jackpot reporting threshold to $2,000 next year, officials confirmed this week. For gamblers accustomed to the $1,200 threshold for slot machine jackpots, it’s ...
The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.
Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for nonemployee compensation) have been ...
Under Trump’s “big beautiful bill,” children born in 2025 through 2028 will receive a $1,000 deposit into a Trump account.
The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...
The "big, beautiful bill" offers tax breaks that can benefit small-business owners — but it may have additional impacts that ...
The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...
The lone bright spot in the horrific gambling tax changes in Pres. Donald Trump's new spending bill is the handpay threshold is now $2,000.
The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.
Flash flood warnings remain in effect across parts of Central Texas Tuesday morning as thunderstorms and torrential rain ...