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Sure, not many people would say no to a shot at a bigger tax refund. But the Internal Revenue Service is warning about phony tax tips, oddball tax credits and other scams that will trigger trouble with your taxes. Instead of a quick rush of more refund cash, you'll likely wait much longer than you'd expect for any legitimate tax refund that you're ...

WASHINGTON — The Department of the Treasury and the Internal Revenue Service today provided interim guidance for taxpayers regarding the special depreciation allowance for qualified production property enacted under the One, Big, Beautiful Bill. Notice 2026-16 announces that Treasury and the IRS will issue proposed regulations on a new ...

Tax Incentives for Higher Education The tax code provides a variety of tax incentives for families who are paying higher education costs or are repaying student loans. You may be able to claim an American Opportunity Credit (formerly called the Hope Credit) or Lifetime Learning Credit for the qualified tuition and related expenses of the students ...