Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.

The Internal Revenue Service (IRS) is in the process of issuing tax refunds to those who filed their returns last month ...

If your return has been selected for audit, it is essential that you understand your rights prior to any in-person review or meeting with the IRS agent.

With over 23.5 million tax returns already filed, the average refund has risen from $1,741 in 2024 to $2,065 in 2025. For ...

Your marital status as of Dec. 31 of the year you marry determines your tax filing options for the entire year.

Another way to reduce your taxable income is by contributing to a traditional IRA. The maximum contribution is $7,000 in 2025 ...

Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...

Senator Mike Crapo, ChairmanSenate Committee on FinanceUnited States SenateWashington, DC 20510 Senator Ron Wyden, Ranking MemberSenate Committee on FinanceUnited States SenateWashington, DC 20510 Re: ...

The arrival of Independence Day generates expectations among millions of beneficiaries in the United States who are awaiting some extra payment, whether it be a federal stimulus ch ...

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

A real estate purchase is a smart financial investment for the future due to the appreciation and equity that build over time ...

Falling behind on your debt to Uncle Sam can be stressful — but you’re far from alone. According to the latest IRS data, ...