IRS reminds taxpayers with extensions that October 15 is the final deadline to file and avoid penalties or delays.

An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned ...

Notice 2025-55 provides relief in connection with the new excise tax imposed on certain remittance transfers under the One ...

Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions ...

Despite the government shutdown, taxpayers who requested extensions for their tax returns last year must still meet the ...

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

U.S. federal income tax has progressive brackets ranging from 10% to 37%. Tax deductions and credits can significantly lower taxable income and tax owed. Understanding adjusted, taxable incomes, and ...