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.

President Donald Trump's "big beautiful bill" is now law. Here's when no tax on overtime and tips start in Washington state.

Notwithstanding the consent decree, it's an open question whether the US Supreme Court would go along with voiding the Johnson Amendment.

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, ...

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

In a stipulation included in a Joint Motion for Entry of Consent Judgment, the IRS stated that when a church communicates ...

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

Plus: Social Security ends paper checks, Live Aid, changes to Forms 1099, filling out Form W-9, national debt costs, filing ...

Under the new tips deduction, employees and self-employed individuals can now deduct “qualified tips” received when filing their taxes, according to the IRS.

Former Missouri congressman Billy Long was ceremonially sworn in as commissioner of the Internal Revenue Service on Friday in ...

About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated ...