Accounting Today

IRS limits services during shutdown

The Internal Revenue Service spelled out some of the services that will be limited or unavailable during the government ...

What’s Open—And What’s Not—At The IRS During The Government Shutdown

Due to the government shutdown, IRS operations are limited. Some operations, like Criminal Investigation, are open, while ...

IRS makes historic change to how it handles tax returns: What’s next

Taxpayers may continue using the existing forms and procedures for filing their taxes in the meantime, the IRS said. The move ...

IRS Issued Fewer Tax Refunds This Year — But Bigger Ones

The share of individual income tax filers who received refunds this year declined to 62.6% from 64%, according to Internal Revenue Service data released Friday. The average refund size increased, ...

IRS releases 2026 tax brackets with inflation adjustments

STATEN ISLAND, N.Y. — The IRS announced the 2026 tax brackets for federal income ahead of the impending tax season. These brackets are fine-tuned annually due to inflation, offering a bit of a ...
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2025 tax guide for expats: What you need to know about taxes if you live outside the U.S.

Living abroad doesn’t mean you can leave your U.S. tax responsibilities behind. If you’re an American expat, the IRS still expects you to report your worldwide income — no matter where you live or ...
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IRS will furlough nearly half of its workforce as government shutdown enters second week

WASHINGTON — The IRS will furlough nearly half of its workforce on Wednesday as part of the ongoing government shutdown, according to an updated contingency plan posted to its website. Most IRS ...