IRS

The IRS has agreed to not seize some Americans' stimulus check to offset outstanding federal tax debts, according to an agency watchdog. 

The IRS could do a better job collecting taxes owed by wealthy Americans, a watchdog report claims, since hundreds of thousands of high net worth individuals have skated by without reconciling delinquent payments.

The third round of stimulus checks began flowing into Americans' bank accounts over the weekend — but for those still awaiting its arrival, there's a quick way to track the status. 

Beginning on or after Jan. 1, 2022, and before Jan. 1, 2027, a qualified taxpayer that employs a homeless person during the taxable year could receive a tax credit of up to $30,000 per taxable year, depending on the amount of hours worked by the homeless person. 

Banks have begun processing $1,400 federal stimulus checks for many Americans as part of President Biden's $2 trillion COVID-19 relief package.

States are sending forms showing benefits received to thousands of people who didn’t get any money.

President Biden on Thursday signed into law a sweeping coronavirus relief package that includes $1,400 stimulus checks for many Americans — but some individuals with unpaid debts could have that money seized this time around.  

Top House Democrats on Monday urged the Internal Revenue Service to extend the tax-filing deadline beyond the traditional April 15 deadline.

The Internal Revenue Service reported last week the total dollar amount of tax refunds was down 59.2% through Feb. 19, exactly one week after the start of tax season.

If you have a little extra cash you won't need anytime soon, you can make a prior-year traditional IRA contribution and reap the benefits now and in retirement. Here's a closer look at how it works and what kind of a difference it can make for your taxes.

The truncated 2021 tax season is expected to be another challenging year for payers and preparers, and various groups are already lobbying the IRS to provide avenues for relief.

If you're tired of giving away the majority of your income to taxes, there's a way around that. You can legally decrease or completely eliminate your tax bill by taking advantage of some of the perks in the tax code.

The Internal Revenue Service extended the April 15 tax-filing and payment deadline to June 15 for all residents and businesses in Texas, citing the damage caused by the recent winter storms and power outages in the state.

The IRS said last week that it had officially finished issuing all of its first and second round economic impact payments, with the intent of turning its full attention to tax season.

Tax season has arrived along with scams aiming to steal your identity.

A group of House Democrats is calling on the Internal Revenue Service to extend the tax-filing deadline by three months.

Republicans members of the House Ways and Means Committee wrote a letter to the IRS this week regarding millions of tax returns that have yet to be processed from last year, even though the current tax season is underway.