The U.S. tax code may be notoriously complex, but understanding some basic terms can help you breeze through your tax return in no time. According to the Tax Foundation’s 2024 tax literacy poll, only ...

As the IRS opens its doors for tax submissions on January 27, 2025, taxpayers have until April 15 to file their returns. Proper preparation is key to avoiding errors and penalties. Here's how to ...

The IRS has announced the start of the 2025 tax filing season, set to begin on January 27. With over 140 million individual ...

You can’t just claim anything. In preparing to file your income tax return, you will need to provide receipts for proof. Here’s why.

The letter says that “critical filing season positions in Taxpayer Services, Information Technology and the Taxpayer Advocate ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

Billionaire tech mogul Elon Musk posted on his social media site that he has “deleted” 18F, a government agency that worked ...

Divorce is a significant life transition that brings about various changes, including how you handle your taxes. To ensure a ...

The Internal Revenue Service (IRS) has outlined six key recommendations to assist taxpayers in preparing their 2024 tax ...