Plus: A new IRS commissioner, update on the Big Beautiful Bill Act, the jock tax, donating clothes to charity, IRS efforts to ...

Under Trump’s ‘big bill,’ the Senate Finance Committee has proposed a larger bonus tax deduction for older adults than the ...

Former Rep. Billy Long won confirmation Thursday to be the next commissioner of the International Revenue Service.

Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales ...

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...

Former congressman Billy Long confirmed as IRS commissioner as the agency faces massive cuts and mounting scrutiny.