Missouri seniors are getting a tax break. Stacey Engle with the IRS told Missourinet that starting this year and running through 2028, those 65 and older can claim an extra $6,500 deduction. “It is in addition to the normal senior standard deduction under the existing...
Over 230,000 hospitality workers in Missouri will see a big change when they file taxes this year. Stacy Engle with the IRS told Missourinet that the “No Tax on Tips” provision was part of the One Big Beautiful Bill signed into law in July — and it’s retroactive for...
Could Missourians see bigger tax refunds this year? Stacy Engle with the IRS told Missourinet that projections point to higher refunds, because of increased standard deductions under the One Big Beautiful Bill Act passed in July. “When that change happened, most...
The IRS is granting extra time for those still picking up the pieces from this year’s severe storms and flooding. Individuals and businesses in dozens of Missouri counties now have until March 30, 2026, to file tax returns and make payments. IRS spokesperson Stacey...
It’s official – former southwest Missouri Congressman Billy Long will be the next commissioner of the Internal Revenue Service. He was confirmed Thursday by the full U.S. Senate in a 53-44 party line vote. His nomination had been strongly opposed by U.S. Sen. Ron...