Proposed new rules were issued for the tax credit for qualified commercial clean vehicles, along with guidance on claiming ...
The Treasury secretary said supply chain issues, shortages drove up prices during the pandemic, but that stimulus spending ...
U.S. Treasury Secretary Janet Yellen said spending could have have contributed "a little bit" to rising inflation.
Yellen said there had not been much progress in lowering prices in recent months, but she remained convinced that the US was ...
The agency says it is fully prepared for filing season in the near term but backlogs could return if the Trump administration ...
The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on Jan. 27 with expanded tools that ...
An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats' Inflation Reduction Act ...
The report, while highlighting positive strides made by the agency, also underscores areas that still require substantial ...
The marginal rates for tax year 2025 are as follows: In 2026, for the tax year 2025, the standard deduction will get a $400 ...