These measures include interest deductions, penalty relief, and simplified reporting options, giving those affected greater ...

Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.

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

What to know about stimulus checks 2025 status, IRS $2000 direct deposit, ANCHOR, inflation check, IRS where's my refund, and ...

The agency said it is providing the relief because both lenders and the IRS need more time to comply with the new car loan ...

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

Some Americans are receiving inflation refund checks and ANCHOR property tax relief payments in October, but claims ...

The Internal Revenue Service has announced expanded tax relief for farmers and ranchers forced to sell or exchange livestock ...

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...

“Treasury and the IRS understand there might be challenges implementing the new law and have determined it is in the interest of sound tax administration to provide limited penalty relief related to ...

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.