Trump’s pick to head the agency once backed legislation that would have blocked the IRS from developing free tax-preparation ...

In her 2024 Annual Report to Congress, Collins highlights the second most serious problem as delays in tax return processing, ...

The IRS Free File program is set to open later this week to allow eligible taxpayers to file their taxes for free using tax ...

The IRS said it's distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. FILE - This April 13, 2014, file photo shows the Internal Revenue ...

(InvestigateTV) — The IRS announced in late 2024 new individual retirement contribution limits for 2025. This means participants can now defer $23,500 into workplace plans, a $500 dollar ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March 2023, changes how the step-up ...

Want to bookmark your favourite articles and stories to read or reference ... paid for by those who can afford it. The IRS found that “many eligible taxpayers” did not claim the Recovery ...

The Internal Revenue Service recently announced that the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used ...

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks ...