The IRS kicked off its tax season Jan. 27 and has issued statistics through Feb. 21. Both tax professionals and do-it-yourselfers seem to be lagging a bit when it comes to filing early returns.

IRS Form 2210 helps taxpayers determine if they owe a penalty, often calculated automatically by most tax software. To avoid penalties, ensure withholdings and estimated taxes meet the required ...

The release of a new, updated tax form doesn’t generally make headline news, but this week’s publication of the Canada Revenue Agency’s (CRA) 2024 Schedule 3, Capital Gains or Losses has more than a ...

Over 6,000 Internal Revenue Service employees are expected to be terminated by the end of this week, according to a source familiar with the agency's plans. More than half of these employees ...

The presence of Elon Musk's cost-cutting task force, the Department of Government Efficiency, at the IRS is sparking fresh concerns from Democratic lawmakers about the safety of taxpayer ...

Tax season can be complicated, and the Internal Revenue Service (IRS) has plenty of rules, restrictions and deadlines in place that can make things even trickier. Among these, the three-year rule ...

The Trump administration's Treasury Department is in the midst of weighing a "wide range" of possibilities to streamline the Internal Revenue Service amid reports up to half of the IRS staff could ...

The Department of Government Efficiency (DOGE), led by Elon Musk, will soon have access to an Internal Revenue Service (IRS) system that contains sensitive taxpayer information, Fox News has learned.

The phishing scam contains a fake link that mimics an official IRS website. Clicking on it could lead to malware or a fraudulent form asking for personal or financial information. Be aware that ...

The Elon Musk-led Department of Government Efficiency is reportedly seeking access to a sensitive Internal Revenue Service system—which could enable its operatives to see the financial details ...

The Internal Revenue Service is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the ...

Cultura RM Exclusive/Stefano Gilera / Getty Images Form 1099-Q: Payments From Qualified Education Programs is an Internal Revenue Service (IRS) tax form sent to individuals who receive ...