The IRS’s update on the progress of tax season this year so far shows that average tax refund amounts are up 18.6% versus the ...

Waiting to the last minute to file your taxes means either postponing your refund or leaving yourself little flexibility if ...

Income tax season has begun. Individuals are expected to file more than 160 million federal returns for tax year 2024. Most will come in by the regular April 15 deadline, with automatic extensions ...

Tax season is back, and while some taxpayers may be looking forward to their refunds, others may be dreading the process of gathering their tax documents and meeting the deadlines set by the ...

IRS data from the second week of the tax filing season—the week ending February 7, 2025—suggests a result similar to last week: taxpayers aren’t rushing to file. Early filing data reflects a ...

concerns over today's rates can become less of an issue if homeowners know that they'll be able to deduct the interest on the loan come tax filing season. See what home equity loan rate you could ...

Here are five key tips that I picked up along the way to make this tax season smoother for you and your accountant. 1. Send clear, organized documents in a consistent format. Every year ...

As the 2025 tax season begins, a look back at 2024 statistics reveals trends that may again drive filing season. The largest change in filing statistics between 2023 and 2024 was a 10% increase in web ...

The IRS will lay off thousands of probationary workers in the middle of tax season, according to two sources familiar with the agency’s plans, and cuts could come as soon as next week WASHINGTON ...

Tax season is under way. But the process may be less aggravating this year—and for many of us, cost less too. On average, it takes taxpayers about 13 hours and $290 to prepare and file their ...

The first day of tax season is Monday, January 27th, when the IRS accepts federal tax returns. And whether you plan to file your tax return early or like to wait a while before filing, reviewing ...

IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration until May 15th, according to a letter sent Wednesday to all IRS employees ...