The IRS' free online program Direct File is now open for business and accepting tax returns. Here's what to know.

The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate ...

A pilot program for the service successfully launched last year in 12 states. New Jersey did not participate because of a ...

Michigan's income tax rate returned to 4.25% for individuals for 2024 income. That's up from the temporary 4.05% rate in 2023 ...

Scott Bessent was confirmed by the U.S. Senate as President Donald Trump's treasury secretary in a bipartisan vote of 68 to ...

On January 16, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued Notice 2025-08 (Notice), ...

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.

Explore Scott Bessent's confirmation as U.S. Treasury Secretary and his plans for tax cuts, economic growth, and fiscal ...

A major change for taxpayers begins today, as the IRS opens its Direct File service to eligible Americans across 25 states, ...

Tax season officially gets underway, with an expansion of the IRS's Direct File program now available in 25 states.