Key Points ・Starting January 1, 2026, forgiven federal or private student-loan balances may once again be considered taxable ...

Some workers could receive bigger tax refunds in 2026 due to President Trump’s new tax law applying retroactively and the IRS ...

The AICPA said taxpayers and tax professionals need certainty about how to claim the deductions for 2025. The IRS has said it will not update its forms until 2026.

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and ...

The U.S. Treasury Department released its anticipated proposed regulation on the new No Tax on Tips provision of the One Big Beautiful Bill Act (OBBBA). This regulation may have significant ...