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.

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

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.

The IRS is getting on with it quietly and rewriting a section of the tax playbook. This month, the agency published a draft ...

VanHoose owned and operated Highwood Creek Outfitters LLC, a firearms distributor and shooting range in Great Falls.

IRS tax breaks for workers are here. Millions can now keep more of their tips and overtime pay. New deductions for 2025–2028 make it easier to reduce taxable income, save money, and help working ...

Read our in-depth H&R Block review covering pricing, features, and pros & cons to help you decide if it's the right tax ...

The United States Oil Fund LP (USO) provides liquid, exchange-traded exposure to oil futures, but comes with tax complexities ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

A blog by the AHA’s Aaron Wesoloski, vice president of research strategy and policy communications, and Megha Parikh, associate director of health analytics policy, explains the importance of ...

In this week's Ask the Editor Q&A, Joy Taylor answers more questions about the use of qualified charitable distributions ...