The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...

First Trust North American Energy Infrastructure Fund ETF offers diversified energy infrastructure exposure and a 3.06% yield ...

WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed. An email sent Monday from IRS official ...

On October 8, 2025, the Allahabad High Court said that taxpayers should not be left at the mercy of an Income Tax Assessing Officer (AO) who chooses to delay the payment of genuine refunds. The ...

This year my family outgrew our Boston condominium and I became a renter for the first time in a decade. Due to high housing costs and mortgage rates, instead of buying another home we chose to rent a ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.

The “One, Big, Beautiful Bill Act” (OBBBA), signed into law by President Trump in July 2025, introduced four generous tax deductions for millions of Americans: qualified tips, overtime compensation, ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...