Even though the tax agency's free pilot program is no longer available, there are other free tax filing options this season.

President Donald Trump says his administration is weighing a plan that would reschedule marijuana from a Schedule I drug to Schedule III. It's a shift that would formally recognize cannabis as having ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

A federal court this week struck down a controversial Internal Revenue Service “facts and circumstances” test for nonprofit tax-exempt status, calling it unconstitutionally vague and opening the door ...

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 ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

According to the agency, thousands of taxpayers have filed inaccurate returns after following misleading posts and bad actors posing as tax experts online. The problem prompted more than $162 million ...

American citizens who have recently filed their 2024 federal tax return are in line to receive a $3,000 IRS tax refund. According to the IRS, the average refund amount is around $2,945. The IRS ...

We wish to begin by expressing our appreciation for the brief tour you gave us recently of the National Museum of American History and the National Museum of African American History and Culture, and ...