IRS

A new Bank of America Institute report found that taxpayers' refund checks will on average be about 5% larger compared to a year ago, with most planning to pay debt or save the refund.

A growing amount of individual personal income taxes is going toward paying down interest costs on the U.S. national debt, according to a new analysis.

Tax season officially comes to an end on Monday, but if you haven't filed your taxes yet, don't worry. Here is everything taxpayers need to know this year.

Thousands of people have lost money and personal information to tax scams. Here are tips on how to keep your finances safe during the 2024 filing season.

If you are unable to file your taxes by the deadline, you can apply for a tax extension. You can apply online for an extension, and there are no qualifications needed to apply.

FIRST ON FOX: A group of 21 state financial officers and treasurers from 18 states is calling on the Biden administration to scrap a billion-dollar tax preparation program.

If you have received $20,000 from over 200 transactions through third-party payment processors, like Venmo, you'll need to report this information to the IRS.

Wyoming topped the list as the state with the biggest procrastination problem for the second year running, according to the IPX 1031 survey.

A select number of taxpayers in 12 different states can now file their federal income taxes for free with the IRS through its pilot "Direct File" program.

The IRS has announced a large scale crackdown on high earning tax cheats who owe the agency hundreds of millions of dollars in unpaid taxes.

The IRS has provided an early glimpse at tax refund data, revealing just how much money taxpayers can expect to receive from Uncle Sam this filing season.

Tax season can be a point of stress for Americans. This guide outlines the steps to filing your taxes if you choose to go through the process without a CPA.

If you have already filed your tax return for 2023 and have a refund coming, there is a quick way to track it using the IRS' "Where's my refund" tool.

The IRS announced that it is going to ramp up audits of corporate jet usage as part of its push to collect more in unpaid taxes from wealthy Americans.

Americans who fail to make on-time and accurate estimated quarterly tax payments could be hit with a surprise bill after the IRS penalty jumped to 8%.

The 0% tax on long-term capital gains can amount to serious savings for taxpayers, but it's a complicated and often overlooked aspect of the U.S. tax code.

The IRS makes annual adjustments to the federal income tax bracket in order to account for inflation, which allows Americans to boost their take-home pay.

Sensitive taxpayer information is vulnerable to access and removal because of poor Internal Revenue Service security, determined an inspector general investigation prompted by a recent leak scandal involving former President Trump's tax returns.