IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.

On Friday, the IRS released initial statistics comparing the end of January 2025 with early February 2024. As of Feb. 7, 2025 ...

Or . . . maybe not. The most noteworthy new program for free tax-prep, IRS Direct File, came under fire this week from Elon Musk, who tweeted Monday that the service had been “deleted.” ...

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 ...

The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.

On its website, the IRS wrote that this means those with job offers with a start date after Feb. 8 will be revoked. With the tax filing season recently starting and lasting until April 15 ...

Languages: English. With the Internal Revenue Service (IRS) processing about 140 million tax returns annually and issuing refunds averaging $3,100 per filer, even minor slowdowns could affect ...

offsetting tax potentially owed on future gains. Form 1099-C documents the cancellation of debt. If your debt was forgiven, your lender will send that documentation to both you and the IRS.

That program enables tax filers in 25 states, if they choose, to file their taxes for free on the IRS website, if their tax returns aren’t too complex. On Monday, in response to a follower’s ...

Many American taxpayers are likely to be eagerly awaiting their tax ... to the IRS. Even those who didn't pay taxes because they didn't owe any might be eligible for a refund in the form of ...

The Internal Revenue Service launched a pilot program last year that allows people to file their taxes directly with the ...

Lea Uradu, J.D., is a Maryland state registered tax preparer ... can take many forms, it basically refers to an individual who benefits from a transaction. Although the IRS’s definition of ...