The Internal Revenue Service is taking steps to make sure taxpayers and tax preparers can reflect OBBBA changes in 2025 tax returns.

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 ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

Europe dramatically held off an unlikely USA fightback before Rory McIlroy and others reacted to fan abuse they’d received ...

The final version of this year’s Free Application for Federal Student Aid was made available to all students Wednesday—eight days ahead of schedule. This marks the application’s earliest launch date ...