'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
The IRS staffing cuts started in late February and were part of broader federal spending reductions via Elon Musk’s so-called ...
As Tax Season Nears Halfway Point, IRS Data Shows Taxpayers Still Not Rushing To File
IRS data from the fifth week of the tax filing season—the week ending February 28, 2025—continues to suggest that taxpayers ...
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If your tax return contains any of these 3 red flags, you're more likely to be audited by the IRS, CPAs say
Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...
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The IRS is firing thousands of workers. Will it affect your tax refund?
(NEXSTAR) – With the IRS laying off thousands of employees Thursday, many Americans may be wondering if their tax returns — or their refunds — will be affected. A government official who asked to ...
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IRS Income Tax Refund Schedule 2025: When Will Your Refund Arrive?
Watch your mailboxes and check your bank accounts: IRS refunds can be issued as early as February 18. However, most federal tax refunds take longer. The average federal tax refund was around $ ...
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Here’s When You Can Expect Your IRS Tax Refund and How You Can Track It
The 2025 tax return filing season began on Jan. 27, so it’s only natural that people are thinking about potential refunds. An update from the Internal Revenue Service (IRS) shared that by Jan ...
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Can't pay your taxes? Here are your options
While many Americans received a tax refund, the percentage who will owe the IRS has been steadily rising, according to consumer analytics platform Civic Science, edging up from 39% in 2021 to 43% ...
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What is the IRS three-year rule and how does it affect your taxes?
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 ...
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What are this year's tax brackets? What they mean, key filing dates, when to expect a refund
Experts recommend taking your time when doing your taxes to avoid the risk of an IRS tax audit. Whether you're doing your taxes yourself or paying someone else, here's what to know about tax ...
Tax Rules and IRS Staffing Are in Flux. Here’s What the Pros Say to Do Now.
We asked financial professionals what they are telling clients about filing their returns this year and mitigating tax bills ...