IRS

The IRS began issuing refunds this week to Americans who overpaid taxes on unemployment benefits collected last year.

The chances of being audited by the Internal Revenue Service are extremely slim, with the odds of an individual audit falling significantly over the past decade.

At least 7 million Americans will likely qualify for tax refunds on unemployment benefits they collected last year, according to a new report.

Americans have just a few more days to file their 2020 tax returns — or risk facing a financial penalty.

The first monthly payment of an expanded and newly advanceable child tax credit from the American Rescue Plan will be made on July 15, the U.S. Treasury Department and the IRS jointly announced Monday.

Tax Day, a slew of retail earnings and a key White House semiconductor meeting top the week ahead.

Tax Day is just a few days away, with most federal and state income tax returns due on Monday.

As part of the inquiry, the officials who probe money laundering and tax offenses have reportedly sought information from individuals with insight into Binance's business.

Wealthy families could face a combined tax rate of up to 61% on inherited wealth under the newest spending plan from President Biden, according to a new analysis published this week.

The IRS will issue an eighth batch of stimulus checks this week, delivering payments to another 1.1 million Americans as part of President Biden's $1.9 trillion American Rescue Plan.

Americans who collected unemployment benefits last year could soon receive a tax refund from the IRS on up to $10,200 in aid.

President Biden released an ambitious spending proposal on Wednesday that would make significant investments in child care and paid family leave – a $1.8 trillion measure that would be paid for almost entirely by significant tax hikes on the top sliver of U.S. households.

The IRS will issue a seventh batch of stimulus checks this week, delivering payments to another 2 million Americans.

Fox Business Network host Larry Kudlow warned that President Biden's massive tax hike plan, particularly affecting capital gains, inheritances, and a cash injection to the Internal Revenue Service, will spell disaster for American workers and U.S. global competitiveness.

President Biden is expected to propose boosting funding for the Internal Revenue Service by an extra $80 billion as part of a sweeping plan to crack down on tax evasion by wealthy Americans and large corporations.

The IRS has delivered about 161 million stimulus checks as part of President Biden's $1.9 trillion American Rescue Plan, but some Americans are still waiting for their payment to arrive – and the deadline is fast approaching to claim the money.

The IRS is holding more than 29 million tax returns for manual processing.