The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

Tax season has officially opened. Starting Monday, tax returns can be filed for 2024 income. This year the Internal Revenue Service is making it easier for more people to file online for free, through ...

Federal income tax returns are due on April 15, but there are several other important dates to remember throughout the year.

As the 2025 tax season kicks off on January 27, taxpayers across the United States are gearing up to file their returns for ...

Or, if you’re really committed to paying less in taxes, you could move. In nine states, income isn’t taxed — allowing residents to hold onto more of their hard-earned dollars. For retirees, this means ...

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...

Do you have supporting forms and receipts in hand? Here's what to know about tax-filing season for Arizona and federal ...

VITA — is again available in Hamilton and Wright counties this year, according to Barb Wollan of Iowa State University Extension and Outreach. This service is possible thanks to the efforts of ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

That will remain the same for tax year 2025 (filing in 2026), but the IRS adjusts the income range for each bracket annually to account for inflation's impact on salaries. Depending on how much ...

The Impact of Substituting Tariffs for Income Taxes The concept of replacing income taxes with the revenue from tariffs also has short- and long-term impacts. In the short term, the ‘all-tariff ...

If you're a SSDI recipient and have an additional income source, you may need to file your taxes this year. Even if you don't have to, you still might want to anyway, as you could receive a refund ...