Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to avoid a ...

This year the IRS is giving eligible filers an affordable head start. Starting today, IRS Free File will begin accepting ...

The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children. For the 2024 tax year (taxes filed in 2025), the credit is worth up to ...

The deadline for fourth-quarter payments is Jan. 15. After that, penalties begin accruing on underpayments at a 7% rate.

With the new year in full swing, tax season is cut around the corner. Millions of Americans must file their 2024 returns to ...

Chicago: Attorney Michael Abramson, of Wilmette Illinois, has been convicted of tax fraud, attempting to tamper with a ...

A new tool will allow many taxpayers in Kansas to electronically file their taxes directly with the Internal Revenue Service ...

Having your tax records and other vital documents is important for claiming casualty loss deductions that can help with ...

Tax-related identity theft is common, but the Internal Revenue Service is often too slow to move when refunds become ...

Kerry Heuhs pleads guilty to tax evasion and may face five years in prison for underreporting income and misusing businesses.

Discover how Flexible Spending Accounts (FSAs) can significantly reduce your medical and tax expenses in the United States.

The Treasury Department and the Internal Revenue Service have released final rules and procedural guidance for the Section ...