On Friday, the IRS issued newly revised percentage withholding tables to implement the rates that will be in effect this year now that the American Taxpayer Relief Act, H.R. 8, has been enacted ...

Annual adjustments of brackets and deductions are routine processes. The IRS undertakes this to account for the effect of inflation on income. Adjustments for 2025 apply a 2.8% increase to thresholds.

The EITC, as it’s nicknamed, actually just turned 50 years old — but is still overlooked by about 1 in 5 eligible taxpayers, according to the IRS. Greene-Lewis says other changes to tax ...

The IRS said this year's tax receipts have increased by 5% from last year. The Treasury Department and IRS want to make tax collection more efficient through methods like updating outdated IT systems.

Tax season can be complicated, and the Internal Revenue Service (IRS) has plenty of rules, restrictions and deadlines in place that can make things even trickier. Among these, the three-year rule ...

The three-year rule could play a role in your ability to claim tax money that you're owed by the IRS. Pamela Albin Moore/Getty Images Tax season can be complicated, and the Internal Revenue ...