Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

According to the IRS, Direct File works similarly to a commercial tax software with a data import tool that will allow ...

Tax season is underway, and the IRS expects 140 million people will file returns by April 15. Here's what to know.

The 2025 tax season is underway. As US filters prepare to submit their returns, they should be aware that this mistake could ...

If you’re antsy about when your federal income tax refund will hit your bank account, you’re not alone. For fiscal year 2023, the Internal Revenue Service (IRS) estimated about 120.9 million ...

Taxpayers must provide information like their names, home addresses, Social Security numbers and payment (if owed) when filing for extension requests through the IRS electronically or by paper form ...

The Internal Revenue Service estimated Phillip Mak owed $1.9 million in taxes, interest and fees, said a federal indictment.

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

You can track your refund’s status on the IRS’s Where’s My Refund? tool and via the IRS2GO app. If you file electronically ...

Understanding how to track your refund can ease financial stress. With many Americans relying on tax refunds to make ends ...

As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

Many look forward to their IRS refund. However, managing expectations and planning wisely can prevent financial pitfalls.