IRS Will Seek Volunteers for Free Tax Preparation
Eligible households can access free filing assistance through IRS-led programs in the upcoming season.
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U.S. Taxes
Recent news
October 4, 2026
IRS Raised 2026 Estate Tax Exclusion to $15 MillionThe federal estate and gift tax exemption increased for 2026, allowing more assets to be transferred tax-free.
October 2, 2026
IRS Assessed $76 Million in Excise TaxesTwo co-owners of a nonprofit virtual school have challenged multi-million dollar excise tax assessments from the IRS.
October 2, 2026
Kenneth Kies Joined Lobbying Arm of EYThe former Treasury tax official has transitioned to the private sector to lead lobbying efforts at EY.
October 2, 2026
IRS Accepted Fewer Tax Debt Settlements in 2025Taxpayers seeking debt relief faced a lower approval rate even as applications for offers in compromise surged.
October 1, 2026
President Trump Signed One Big Beautiful Bill ActThe 2025 tax law extends individual cuts and adds new deductions for seniors and workers.
October 1, 2026
Tax Compliance Costs Hit $544.6 Billion AnnuallyAmerican taxpayers spend 6.9 billion hours each year navigating complex tax code requirements.
October 1, 2026
Treasury Clarified Education Tax Credit for Married CouplesMarried taxpayers filing jointly will be eligible for a $3,400 education tax credit under new federal guidance.
September 30, 2026
Meta Claimed Millions in Tax Credits via CEO PayThe IRS is challenging whether stock-based executive compensation qualifies for research-related tax incentives.
September 30, 2026
IRS Launched New Mobile App for TaxpayersThe new application allows users to check refunds, make payments, and view notices from their smartphones.
September 30, 2026
Treasury Secretary Settled Self-Employment Tax IssueTreasury Secretary Scott Bessent resolved a tax matter with the federal government during the summer of 2026.