If tax time is upon you and you have unreported tips to your employer, you must complete an IRS Form 4137, Social Security ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

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

If your return has been received, the IRS is still processing and has not yet issued a refund. If the refund has been approved, the agency is preparing to send it by the date shown. If the refund has ...

Tax season is fast approaching, and you might be leaving money on the table. An Illinois tax professional said new tax code ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

The Internal Revenue Service has started accepting individual 2024 tax returns and taxpayers expecting a refund can track the progress.

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If you’ve filed your tax return and you’re eager for your refund, here’s how to check the status of your payment. Find out ...

The Child Tax Credit (CTC) has been a staple in American families, helping them finance the expenses of having a child. But ...