The IRS holds billions in unclaimed refunds, including over $1.2 billion from 2022, which can be reclaimed by filing Form 843 ...

If you haven’t received your tax forms from your employer by Jan. 31, reach out to your HR department. Keep in mind that ...

Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a mortgage ...

A revision of Form 990, Return of Organization Exempt From Income Tax, is coming, changes that Treasury says are designed to improve transparency, strengthen tax administration, and provide clearer ...

Taxpayers can request a filing extension to October 15, but tax payments are still due by the original April 15 deadline. Some Tennessee residents affected by Winter Storm Fern qualify for an ...

An IRS installment agreement allows taxpayers to pay off their tax debt over time through monthly payments. While these plans prevent aggressive collection actions, interest and penalties continue to ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

Millions of Americans could be owed a refund from the IRS as a result of a recent court ruling. Last month, a U.S. Court of Federal Claims decision expanded the interpretation of a specific tax code ...

The Internal Revenue Service has published a new Schedule 1-A and updated instructions for claiming the new tax breaks in the One Big Beautiful Bill Act for tips, overtime, car loans, and senior ...

Messages that claim you're due a tax refund are scams. The scammers want your bank account or Social Security number. Don't respond to the message. Instead, report it and then delete it. Most of us ...

As tax season kicks off, families with minor children can now register for Trump accounts. To open the account, an election must be made on IRS Form 4547. Form 4547 can be filed separately or with ...