If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

Even though the 2025 tax season has only been open less than two full weeks, the IRS has already been busy processing tax returns and issuing tax refunds. Not mine — I'm still a ways away from sitting ...

The good news is that there may be ways to do that. What many people don't realize is that the tax code includes various ...

After sending out an offer to federal employees encouraging them to resign, some IRS workers have been told they may not qualify—until after tax season is over.

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

The Direct File program was launched to benefit over 30 million taxpayers and prompted a backlash from commercial tax prep ...

That's when the IRS officially started accepting tax returns. Many Americans are already counting on refunds. A recent survey conducted by Qualtrics for Intuit Credit Karma found that more than a ...

If you owe money to the Internal Revenue Service (IRS) but can't afford to pay it off immediately, that delinquent tax debt can end up having a big impact on your financial health. After all ...

In January 2025, the IRS provided crucial updates on the federal tax status of special payments made by 21 states. These ...