After laying off around 7,000 probationary employees, the Internal Revenue Service (IRS) is set to make a huge change as ...
Tax time -- the annual event where forms, numbers and deductions pile up, and the hope is always to avoid an unpleasant ...
It’s a tax season unlike any other: As millions of Americans dutifully file their returns, the Trump administration is ...
Tax refunds in 2025 are currently running 32% lower than they were a year ago. That gap is expected to close in the coming ...
As tax season approaches, millions of Americans are preparing to file their returns. Among the many credits available, the ...
A new analysis reveals that the policy change would mainly benefit high-earning retirees or those close to retirement.
Most W2 forms have been sent out from employers ahead of the tax season filing date. The deadline to file your 2024 return is ...
Most W2 forms have been sent out from employers ahead of the tax season filing date. The deadline to file your 2024 return is ...
Experts warn that filing close to the deadline or submitting a return with errors is a recipe for delay. During tax season, ...
Last year, the IRS adjusted its tax brackets to avoid so-called "bracket creep." Bracket creep is described as when inflation ...
Douglas O'Donnell, the acting IRS commissioner, told employees in an email Tuesday that he will step down from the position effective Friday. Treasury Secretary Scott Bessent agreed with O'Donnell's ...
As of February 7, the average federal tax refund was $2,065—an 18.6% increase from 2024. Taxpayers who file electronically ...