As the 2025 tax season approaches, U.S. taxpayers must prepare to file their 2024 tax returns. The IRS provides crucial ...

The IRS has officially opened the 2024 tax filing season, welcoming millions of individual federal tax returns. With over 140 ...

The IRS has announced the new tax brackets for the 2025 fiscal year, reflecting adjustments to align with inflation and ...

Amidst planned staffing reductions at the IRS under the Trump administration, concerns are mounting over potential delays in ...

The IRS has introduced significant changes to Form 1099-K reporting, affecting millions who use payment apps. These changes ...

A group of former commissioners at the Internal Revenue Service is sounding the alarm about the thousands of layoffs at the ...

With some 6,000 IRS employees about to be laid off, taxpayers are understandably concerned about possible delays in receiving ...

The Internal Revenue Service is firing some 6,700 workers, according to published reports from GovExec.com. Citing multiple employees notified of the plans, the mass layoffs include staff in their ...

“The Child Tax Credit (CTC) is a tax credit for eligible families with dependent children under age 17 at the end of the tax year. Taking the credit can help lower your tax bill dollar-for-dollar—and ...

But taxpayers who claimed the Earned Income Tax Credit or the Additional Child Tax Credit will need to wait a bit longer. “By law, we can’t issue EITC or ACTC refunds before mid-February,” ...

Some taxpayers won't get tax refunds on their 2024 returns, even if they had extra money withheld from their paychecks. There ...

As the 2025 tax season unfolds, millions of Americans are eagerly awaiting their tax refunds. However, some may find their ...