Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — ...

Earlier this month, the Trump IRS announced in a legal filing that churches can endorse political candidates. That is directly contrary to federal law, which states that tax-exempt nonprofit groups, ...

President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.

The proposal calls for cutting the annual IRS budget down to $9.5 billion, with steep cuts to its enforcement budget.

The Internal Revenue Service is building a computer program that would give deportation officers unprecedented access to ...