IR-2025-119, Dec. 9, 2025 WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued Notice 2026-05 providing guidance on new tax benefits for Health Savings Account participants under the One, Big, Beautiful Bill. These changes expand HSA eligibility, which allows more people to save and to pay for healthcare costs through tax-free HSAs. Expansion of HSA Eligibility Under the OBBB The OBBB expands access to HSAs […]
The new year is less than a month away which means the 2026 tax filing season is drawing near. The IRS encourages taxpayers to “Get Ready” and start preparing now. Taking a few steps today can save time and help taxpayers ensure they’re filing accurate returns in the coming months. The annual IRS Get Ready campaign is a series of tips, reminders and new information for taxpayers on what they […]
WASHINGTON — The Internal Revenue Service today announced the tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2025-32 provides details about these annual adjustments. Notable changes under the One, Big, Beautiful Bill The tax year 2026 adjustments described below generally apply to tax returns filed in 2027. The tax items for tax year 2026 of […]
Tax returns for 2024 were due on April 15, 2025, with exceptions for taxpayers in a disaster area, combat zone or living and working abroad. Taxpayers who couldn’t pay their tax bill by the deadline shouldn’t panic – the IRS is here to help. There are several options to help taxpayers meet their obligations. Help for taxpayers who can’t pay in full The IRS has options available to help those who owe a tax obligation and […]
Many taxpayers file their federal tax returns and then eagerly anticipate details about their refund. The best way to check the status of a refund is through the Where’s My Refund? tool, the IRS2Go app, or by signing in to the taxpayer’s IRS Online Account. But many people mistakenly think there are better ways to get their refund status. Here are some of the myths about tax refunds. Myth: Calling the IRS, a […]
IR-2025-30, March 10, 2025 WASHINGTON — The Internal Revenue Service encouraged taxpayers who have yet to prepare and file their tax returns to consider taking advantage of the many free options available – including Direct File, a free, fast and easy way to file directly with the IRS, now available in 25 states. In addition to Direct File, IRS Free File also offers free tax preparation software through its partners […]
Taxpayers can avoid mistakes and receive a timely refund by preparing to file their tax return ahead of time. Here are a few things taxpayers can do to get ready: Gather records: Good recordkeeping makes preparing a tax return easier. Organized tax records can help taxpayers find overlooked deductions and credits. Start with IRS.gov: IRS.gov is available 24/7, and it’s the fastest way to get help. Millions of people use IRS.gov to […]
As people prepare to file their 2024 tax return, the IRS reminds taxpayers they can find answers to their tax questions from the comfort of their home using IRS online tools and resources. These IRS.gov tools are easy to use, available 24 hours a day and help taxpayers get ready to file. IRS Free File: Nearly everyone can file their tax return electronically for free. The software does all the work of finding […]
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