Taxes October 9, 2025
IRS Adjusts Tax Brackets, Standard Deduction for 2026
The IRS on Oct. 9 published the tax year 2026 inflation adjustments for more than 60 tax provisions, including updated tax brackets and standard deduction.
Taxes October 9, 2025
The IRS on Oct. 9 published the tax year 2026 inflation adjustments for more than 60 tax provisions, including updated tax brackets and standard deduction.
IRS October 8, 2025
In an updated contingency plan on Oct. 8, the Treasury Department indicated that 39,870 IRS workers, or 53.6% of the agency's total employee population of 74,299, are designated "exempt" and are expected to continue working during the shutdown.
OBBBA Tax Act October 8, 2025
Employers should consider all the ramifications of the new law changes. They may assess adjustments to its fringe benefits package and the alternative method for claiming the family and medical leave credit.
IRS October 6, 2025
In this acting role, Koopman will oversee IRS compliance operations, including the LB&I division, SB/SE division, TE/GE division, IRS-CI unit, Office of Professional Responsibility, Return Preparer Office, and the Whistleblower Office.
Taxes October 6, 2025
The interim website gives taxpayers access during the government shutdown to the watchdog's latest reports and keeps open ways for people to report fraud, waste, and abuse within IRS programs or by IRS employees.
Taxes October 2, 2025
The agency said Oct. 1 that it wants to receive additional feedback about the draft instructions for Form 6765 and is extending the dates for certain reporting rules related to the Credit for Increasing Research Activities, also known as the research tax credit.
Taxes October 2, 2025
The IRS is seeking volunteers to support the Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs, which offer free basic tax return preparation to qualified individuals.
Taxes October 2, 2025
IRS employees across the Kansas City region are bracing for the full impact of a federal government shutdown poised to force thousands home without pay.
Taxes October 1, 2025
For at least a half dozen government watchdog offices, their sites appeared blank on Oct. 1 except for a terse message: “Due to a lack of apportionment of funds, this website is currently unavailable.”
Taxes October 1, 2025
The IRS said on Oct. 1 that the Independent Office of Appeals has launched a two-year pilot program to increase awareness of post-appeals mediation, as well as to make it a more attractive option to taxpayers.
Taxes September 30, 2025
Under the plan, the Treasury Department would shift funding the IRS received from the Inflation Reduction Act into the taxing agency's operational budget.
IRS September 30, 2025
If lawmakers can't agree to a last-minute deal to keep the federal government open beyond Tuesday evening, the plan says the IRS would tap into funding from the Inflation Reduction Act of 2022 to keep its entire workforce working for a period of five business days.