A letter sent to Internal Revenue Service (IRS) employees said those involved in the 2025 tax season won’t be able to accept ...

The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...

President Trump signed an executive order last month enacting a hiring freeze for federal employees. The memorandum is set to ...

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 ...

Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...

A human resources company’s claim for an unprocessed pandemic-era tax credit can’t be considered at a hearing to address a separate tax liability, the US Tax Court said Thursday.

The IRS has published a private letter ruling on Treasury Regulations Sections 301.7701 and 301.9100 granting the taxpayer an extension of time to file Form 8832 to elect to be ...

Elon Musk, head of the chaos-causing Department of Government Efficiency, made an assertion this week that raised questions in some people’s minds about the status of the IRS Direct File program.

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

37% of taxpayers qualify. Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Who's this for? TurboTax guides you through ...

Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today reported consolidated financial results for the fourth quarter and full year ended December 31, 2024, and provided ...

If you’re still missing your $1,400 stimulus check, don’t assume it’s too late. File your 2021 tax return, claim the Recovery Rebate Credit, and secure the payment this 2025.