IR-2025-127, Dec. 23, 2025 – The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2025-10 related to changes to the Premium Tax Credit made under the One Big, Beautiful Bill and to related provisions that no longer apply.

Notice 2025-57, Transitional Guidance Regarding Returns Relating to Certain Interest on Specified Passenger Vehicle Loans Received in a Trade or Business (PDF) PDF · Transition relief for vehicle loan interest reporting (IR-2025-105).

Rev. Rul. 2025-4 provides guidance to the District of Columbia and states that have mandatory paid family and medical leave programs and for employees working in and employers operating in those states. IR-2025-15, Jan. 15, 2025 — As tax filing season nears, the Internal Revenue Service reminds ...

IR-2025-126, Dec. 23, 2025, IRS updates frequently asked questions on changes to the Limitation on the Deduction for Business Interest Expense

2 On November 5, 2025, the Internal Revenue Service (IRS) published Notice 2025-62, IRB 2025-48, which provides penalty relief from the new information reporting requirements for cash tips and qualified overtime compensation under the OBBBA to employers and other payors for not filing correct ...

IR-2025-126, Dec. 23, 2025 WASHINGTON — The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2025-09 PDF regarding changes to the limitation on the deduction for business interest expense (Section 163(j)) under the One, Big, Beautiful Bill.

1, 2025 — The IRS and its community partners are seeking volunteers to support the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs. Find previous year news releases and fact sheets from 1997 through last month. Page Last Reviewed or Updated: 02-Dec-2025 ·

IR-2025-82, Aug. 7, 2025 — The IRS today announced that, as part of its phased implementation of the One, Big, Beautiful Bill Act, there will be no changes to certain information returns or withholding tables for Tax Year 2025 related to the new law.

This notice announces that the Department of the Treasury and the IRS intend to issue proposed regulations regarding the transition rule for dividends (the “transition rule”) in section 70354(c)(2) of Public Law 119-21, 139 Stat. 72 (July 4, 2025), commonly known as the One, Big, Beautiful ...

IR-2025-127, Dec. 23, 2025 – The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2025-10 related to changes to the Premium Tax Credit made under the One Big, Beautiful Bill and to related provisions that no longer apply.

IR-2025-117, Dec. 2, 2025 — The Department of the Treasury and the Internal Revenue Service today issued a notice announcing upcoming regulations and providing guidance regarding Trump Accounts, which are a new type of individual retirement account for eligible children.

FS-2025-10, Dec. 2025 · Note: These FAQs supersede earlier FAQs that were posted in FS 2024-30 on Sept. 30, 2024. This Fact Sheet updates frequently asked questions (FAQs) about the Premium Tax Credit.

2 weeks ago - On December 12, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released packages of proposed regulations (2025 Proposed Regulations) and final and temporary regulations (Final Regulations) under section ...

Proposed regulations were published January 16, 2025. 14. Regulations and other guidance under §382(h)(6). Proposed regulations were · published on September 10, 2019 and January 14, 2020. • WITHDRAWN 07/02/25 in FR as REG-125710-18 (FILED 07/01/25). 15. Final regulations updating electronic ...

2 weeks ago - According to the latest announcement, eligible Americans will receive a one-time direct deposit of $2,000. This measure is designed to support households facing high inflation and increased costs during the holiday season.

You may account for these deductions and update your withholding: Manually by using the deductions worksheet PDF and inputting the result in Step 4(b) of the 2025 Form W-4; or · Consulting a tax professional. The IRS Tax Withholding Estimator (TWE) is not yet updated to reflect certain provisions ...

2 days ago - As the tax season progressed, we saw a bigger jump in the size of average refunds. In 2025, the average federal income tax refund hit $3,052 as of the week ending Oct. 17, the latest data published by the IRS.

2 days ago - As tax season kicks off, it’s time to see what changes happened in the tax code from 2024 to 2025. Well, what changed? A lot—and most of the changes came from the One Big Beautiful Bill Act (OBBBA or the Big Bill) . So, what’s new this tax season that can save you money? From tax breaks on overtime and tips to bigger deductions and credits, these changes and updates could make a real difference in your refund. Let’s dive in! An IRS new tax rule for digital income/assets means you may see Form 1099-DA if you traded in crypto or used crypto or other digital assets to pay for goods or services through a broker.

1 week ago - A credit is a dollar-for-dollar reduction of your tax bill. Neither will be available for any plug-in electric (EV) or fuel cell vehicle (FCV) you purchased after September 30, 2025.