An outdated IRS tax law that’s unchanged since the Clinton era is making the U.S. housing crisis worse
The capital gains tax exclusion for primary residences hasn’t changed since 1997. The dramatic gains in home values mean this ...
Tax Season 2025 Is Here: Key IRS Changes to Know Before You File
Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.
Tax Breaks: The Welcome To The Not-So-Usual 2025 Tax Season Edition
Plus: President Trump signs executive orders before tax season, beneficial ownership information (BOI) reporting updates, ...
Fight or flight: This time, some top federal officials resigned rather than try to fend off a Trump firing
The FBI director, IRS commissioner and vice chair of the Federal Reserve, all criticized by Republicans, have opted to resign ...
These federal jobs are most at risk of being cut by Trump's executive orders
As the Trump administration aggressively seeks to "reduce the size of the federal government's workforce through efficiency improvements and attrition," as expressed in an executive order on Monday, ...
No New IRS Agents? What Trump’s Federal Hiring Freeze Means for Your Tax Return
Trump federal hiring freeze 2025. Trump’s federal Hiring Freeze is a 90-day freeze on hiring federal civilian employees ...
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Types of Income the IRS Doesn't Tax: What to Know for 2025
The IRS now allows you to make regular contributions to your Roth IRA at any age. Plus, you can leave any amount in your Roth IRA for as long as you live. If you receive alimony or maintenance ...
Will I get a stimulus check now? IRS sending money to 1 million taxpayers
A month before IRS Commissioner Danny Werfel resigned Jan. 20, he announced a plan to get stimulus cash to 1 million ...
Trump Imposes Extra Scrutiny on IRS Hiring
President Trump’s order to freeze federal civilian hiring includes an extra squeeze at the Internal Revenue Service. Under ...
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IRS commissioner to step down before his term ends, letting Trump advance his own pick
Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in ...
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IRS chief resigns on Trump’s Inauguration Day
Photo: Alamy Internal Revenue Service Commissioner Daniel Werfel is resigning on Monday, according to a Friday letter to IRS ...
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Werfel's Exit Signals Major IRS Reform Ahead
IRS Commissioner Danny Werfel's resignation in the wake of Donald Trump's impending inauguration marks a critical moment for fiscal reform in America. Werfel, who abruptly announced his departure just ...