Taxpayers could fall into plenty of potholes if someone takes a wrong turn when claiming an attractive tax credit for buying ...

WASHINGTON (AP) — Mia Francis, a 22-year-old barista from Boston, filed her taxes on her own this year for the first time, ...

The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized ...

On January 30, 2025, a bipartisan group of US Senators released a discussion draft of the Taxpayer Assistance and Service Act (“TAS Act”), ...

If you disagree with what you owe, you can contact the Taxpayer Advocate Service at the IRS, or dispute penalties through an ...

Ahead of the April 15 deadline, the IRS expects more than 140 million individual tax returns to be filed. According to the Taxpayer Advocate Service, the IRS already faced challenges in hiring and ...

HARTFORD — President Donald Trump's sudden terminations of thousands of Internal Revenue Service employees is a blatant ...

Discover top-rated tax relief services to help you resolve tax issues, reduce debt, and avoid penalties. Learn how ...

Whether it was your side hustle, selling a home, or your child turned seventeen last year – if you’re not careful, there are plenty of reasons why you might be in the red and owe on your tax return.

In a bold move, the Trump administration and DOGE are eyeing a 20% reduction in the IRS workforce, potentially reshaping the ...

Would using a tax-preparation software application make better sense for your business than paying an outside accountant?