The recent layoff in the IRS could delay or cause mistakes in taxpayers' refunds, but turning in their 2024 tax refunds timely, correctly and electronically could prevent these issues.

IRVINE, CALIFORNIA / ACCESS Newswire / February 21, 2025 / Many Americans are unaware of the serious consequences of unpaid back taxes, but ...

The 1099-NEC form is essential for reporting non-employee compensation. It is commonly used by businesses to report payments ...

There are general rules for whether you have to file a federal tax return this year, according to the IRS. Even if you don't ...

Tax season is upon us – and with that comes tax refunds for many Americans. For the 2023 fiscal year, the IRS reported ...

The Treasury Department set a March 21 deadline to report "beneficial ownership information" after a Texas court lifted a ...

New IRS rule could cost you big if you inherit an IRA. Find out what you need to know to avoid costly penalties starting in ...

Tax season opened on January 27, meaning taxpayers can now file and pay their tax returns with the Internal Revenue Service.

Retirees receiving pension payments will also have to pay ordinary income tax. How much you'll owe depends in part on the tax ...

If you're due a refund The IRS does not impose a failure-to-file penalty on tax returns that are filed late if you're due a refund. However, filing a tax extension anyway could be a good idea.

A string of bipartisan measures targeting taxpayer refunds, rights, and protections move forward on Capitol Hill.

We cover everything to do with taxes on gambling winnings in the US, including claiming losses & what happens if you don’t ...