Missing IRS deadlines can carry financial consequences. Failure to file and pay a tax return on time can result in a penalty ...

Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.

The updates affect more than 60 tax provisions and are expected to apply to returns filed in 2027 for the 2026 tax year.

Taxpayers who requested more time to file their 2024 tax returns earlier this year were granted an extension by the IRS, ...

When is the last day to fille taxes? Is the IRS affected by the government shutdown? What to know about the October tax extension filing deadline ...

The IRS plans to lay off about half of its workforce due to the government shutdown, potentially affecting taxpayers who have ...

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

According to the IRS, the change is designed to protect taxpayers, speed up refunds and cut costs. “Most individual taxpayers already receive their refunds by direct deposit into their bank accounts,” ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual ...

The adjustments come as the deadline to file your state tax return approaches, as well as your federal tax return if you ...

But it’s not the only tax break with thresholds that tend to increase annually. Limits on certain federal income tax credits ...

The Internal Revenue Service unveiled Thursday its 2026 federal income tax brackets and deductions for the new tax year.