Tag: tax_deductions

IRS CEO and Senator Moreno Tout Working Families Tax Cuts in Ohio

22 May 2026 2:40 p.m.

IRS CEO Frank J. Bisignano and Senator Bernie Moreno visited Ohio to highlight the Working Families Tax Cuts Act, emphasizing provisions for no tax on car loan interest, overtime pay, and enhanced deductions for seniors.

Politics and Government Business General Politics Federal Government Economy Employment and Labor Frank J. Bisignano Bernie Moreno Ohio Working Families Tax Cuts Act Tax Deductions Internal Revenue Service Economic Policy
IRS Offers New Time-Limited Settlement for Conservation Easement Disputes

13 May 2026 10:10 a.m.

The IRS has launched a new time-limited settlement opportunity for over 1,100 conservation easement disputes. It offers more favorable terms, including no upfront payment for some, aiming to resolve cases more efficiently than previous initiatives.

Politics and Government Law Enforcement Federal Government Legal Economy IRS Conservation Easement Tax Settlement Tax Court Tax Deductions Penalties Abusive Tax Shelters