Now anyone with $5,000 or more in income from selling goods and services via payment apps and online marketplaces will be known to the IRS. For the 2025 tax year, the threshold for issuing the ...

The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.

If you underpaid your 2024 taxes, you may be in for an ... input based on your financial details and proposed offer amount. Also, be prepared to pay a $205 application fee unless you qualify ...

Waiting until the last minute to file taxes can be costly, especially for freelancers and filers looking to itemize expenses.