The Dec. 31, 2025, expiration of many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) adds a new task to the 2025 congressional to-do list: updating the tax code. Many TCJA provisions provided ...

Tax relief is a broad term for various options that help taxpayers manage or reduce what they owe the IRS. Eligibility for tax relief depends on individual circumstances like income, filing history, ...

Whoever wins the presidency in November will have some especially tough financial choices to make next year. More than $3.4 trillion in individual income and estate tax cuts – heralded by Republicans ...

As lawmakers in Congress debate whether to renew the personal income tax cuts established by the Tax Cuts and Jobs Act, a familiar criticism has resurfaced: that President Trump’s signature ...

The 2017 Tax Cuts and Jobs Act brought sweeping changes to the tax code, impacting every taxpayer and business owner. The TCJA has many provisions that are set to expire (or sunset) at the end of 2025 ...

(CBS NEWS) — Americans could get some financial relief next year when the IRS adjusts its federal income tax brackets for inflation, a change that could help lower taxes for millions of households.

The IRS is inching forward in its efforts to modernize the system for individual tax account data, called the Individual Master File, that dates back to the 1960s. The IRS has been trying to modernize ...

Free File is not Direct File, which the IRS has discontinued for the 2026 tax season. This tax season, according to the IRS, eight private-sector partners are offering guided tax software products ...

The recently enacted budget reconciliation bill (formerly known as the One Big Beautiful Bill Act) included dozens of health policies—but excluded the House-passed codification and incentivization of ...