The Daily Overview on MSN
IRS reveals new 2026 tax break for seniors
The IRS has unveiled its updated 2026 tax brackets and standard deductions, featuring an additional standard deduction for ...
As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
The Internal Revenue Service has published changes from the One Big Beautiful Bill Act President Trump pushed through ...
Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2026.
The IRS says it received more than 20 million extension requests this year — over 12% of all filers — though some in areas hit by natural disasters automatically have extra time to file. For instance, ...
The IRS on Thursday announced adjustments it is making to a host of line items on your federal tax return for this year and next. Those updates are the result of changes in inflation but also due to ...
The IRS plans to lay off about half of its workforce due to the government shutdown, potentially affecting taxpayers who have yet to file their taxes. The layoffs would result in 34,000 ...
The Internal Revenue Service (IRS) has furloughed nearly half of its staff as the federal government shutdown drags into its ...
During the last government shutdown, IRS operations paused, but automated notices to taxpayers continued. That situation ...
IRS employees say layoffs put additional stress on an already beleaguered agency that's looking to hire and train new hires ...
It’s going to take years before the IRS gets to its pre-2025 levels of efficiency, if at all,” said Phil Karter, a shareholder at Chamberlain, Hrdlicka, White, Williams & Aughtry.
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