Taxpayers who requested an extension have until Wednesday, Oct. 15 to complete and submit their returns without penalties.
Missing IRS deadlines can carry financial consequences. Failure to file and pay a tax return on time can result in a penalty ...
The updates affect more than 60 tax provisions and are expected to apply to returns filed in 2027 for the 2026 tax year.
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 ...
Taxpayers who requested more time to file their 2024 tax returns earlier this year were granted an extension by the IRS, ...
The IRS plans to lay off about half of its workforce due to the government shutdown, potentially affecting taxpayers who have ...
The Internal Revenue Service recently announced that an executive order by President Donald Trump will change how folks will ...
In a move to enhance efficiency and security, the IRS will require taxpayers to provide banking details for direct deposit of ...
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 on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual ...
The IRS has unveiled the updated tax brackets for the fiscal year 2026, even amidst a partial government shutdown. These changes, which include an increase in the standard deduction, will impact tax ...