Taxes

The IRS says nearly 1.5 million Americans still have unclaimed refunds for the 2019 tax year following the COVID-19 pandemic. The deadline to claim the money is coming up.

Americans challenged by inflation and rising costs plan to save less than $5,000 in 2023 and many are relying on tax refunds to make ends meet, a recent TaxAct survey said.

Ernst & Young has axed its plan for a split of its auditing and consulting arms in a dramatic and costly retreat from a proposal that was meant to reshape the accounting profession.

Former Trump adviser Stephen Moore and Americans for Tax Reform's Grover Norquist argue Biden's IRS is being "weaponized and politicized" to go after Republican policy.

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.

Fisher Investments Chairman Ken Fisher has received backlash for his decision to move the firm's headquarters from Washington to Texas, but says "this is about the law."

The IRS promised to crack down on the tax gap by enhancing enforcement of wealthy Americans and major corporations with its $80 billion funding boost.

Only 2% of Americans can correctly identify financial solutions with tax advantages, despite one in three saying they prioritize investments that would help them pay less in taxes either now or in the future, a recent Lincoln Financial Group survey said.

The Internal Revenue Service has issued a series of filing extensions for taxpayers in areas spanning several states that have been impacted by recent storms.

The IRS will soon release its spending plan for the $80 billion in funding it received last year as part of President Biden's Inflation Reduction Act.

Tax pros say the end of federal COVID-19 stimulus money is prompting many Americans to file income tax extensions instead of rushing to file their Form 1040s with the IRS.

The Justice Department sued and offered a settlement with Activision Blizzard on Monday over the company's previous plans to impose salary limits on esports players.