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

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

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

Former Missouri Rep. Billy Long won confirmation Thursday to be the next commissioner of the IRS, leading an agency that will ...

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

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 Missouri Congressman Billy Long, who once sought to abolish the IRS, was approved as commissioner, aligning with Trump's vision to potentially scrap the tax agency.

The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new IRS commissioner amid staffing and ...