It's time to collect your tax documents and get ready to file your return for the 2024 year. Tax day is April 15.

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

The Treasury Department ended its tax-time savings bond program, which was the last way to buy the paper version of I bonds, ...

The Earned Income Tax Credit (EITC) was signed into law and is designed to “lift many financially challenged families out of poverty,” according to the IRS. Depending on the number of dependents one ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often, and the value of the deduction increases with the price of a home,” ...

The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...

Yes, individuals who file both online and in-person can use the IRS' website to track the status of their tax refund. Refund ...

U.S. Senators Todd Young (R-Ind.) and Raphael Warnock (D-Ga.) introduced the Barcode Automation for Revenue Collection to ...

The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration ...