As the fall approaches, millions of U.S. taxpayers turn their attention to the IRS for crucial inflation adjustments. These changes, announced annually, impact tax brackets, standard deductions, and ...

Aliss Higham is a Newsweek reporter based in Glasgow, Scotland. Her focus is reporting on Social Security, other government benefits and personal finance. She has previously extensively covered U.S.

The Internal Revenue Service has hit taxpayers with over $162 million in penalties for claiming fraudulent tax credits they heard about through social media. The claims involve illegitimate claims for ...

Speculation of $1,390 direct deposit relief payments and other new stimulus check amounts in September for low- and middle-income taxpayers have been debunked by the Internal Revenue Service, but the ...

Speculation of $1,390 direct deposit relief payments and other new stimulus check amounts in August for low and middle income taxpayers have been debunked by the Internal Revenue Service, but the new ...

The Internal Revenue Service has overhauled its technology modernization plans in response to deep reductions in funding and staffing, and new priorities under the Trump administration. The Treasury ...

Billy Long ended his brief tenure as IRS commissioner Friday, posting on X that President Donald Trump will nominate him to be ambassador to Iceland. “It is a(n) honor to serve my friend President ...

Wondering if you're still owed a COVID‑era stimulus check or have heard rumors of another one coming in July? Taxpayers may also be waiting for a 2024 tax refund if they filed their return this year.

Are you waiting on a fourth stimulus check in 2025 or some other inflation rebate or tax refund? Here's what to know about tracking, eligibility and update on their status. Several states, including ...

The Internal Revenue Service has issued a request to thousands of taxpayers who sought extensions for their 2024 federal tax returns to file them during the summer months. The IRS emphasized that ...