Filing taxes can be a daunting task for millions of Americans each year. However, the IRS has introduced a solution to ...

The IRS is currently sitting on about $92.3 million, ready to be dispersed among 116,300 state taxpayers who have yet to file ...

Thousands of taxpayers in the tri-state area are part of the over 1.1 million people across the nation who have unclaimed refunds for tax year 2021 and have until April 15 to file their Form 1040, ...

Where do you turn when you need your past tax data, and your own records aren’t available? The IRS may have just what you need in the form of a ...

The local state senator was among the 28 legislators who advanced a bill that would prohibit the sale of residential tax deeds to foreign entities.

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season. But the "failure to file" penalty is 5% of your taxes owed per month or partial month the filing is late ...

Commissions do not affect our editors' opinions or evaluations. Picking the right tax software can mean the difference between a smooth refund process and a stressful filing season. To find the ...

which is carried down to the end consumer in the form of higher costs for goods and services. California has a statewide sales tax of 7.25%. Some municipalities may also impose local sales taxes.

WASHINGTON—Acting IRS Commissioner Douglas O’Donnell plans to announce his retirement on Tuesday, said two people familiar with the decision, bringing another abrupt change to a federal agency ...

A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations ...