In December 2024, the Paperwork Burden Reduction Act ("PBRA") was signed into law, providing, among other things, for an ...

The federal EV tax credit, worth up to $7,500, saw big changes in 2024. For buyers, the credit typically became easier to get ...

IRS Free File, which offers free guided tax preparation for lower-income taxpayers and free electronic fillable forms for all taxpayers, is just one way to file without paying.

Filing your return electronically is the No. 1 thing you can do to speed up the refund process. The IRS estimates that the average taxpayer will receive their refund within 21 days if they file ...

WASHINGTON — It’s tax season, and as you get ready to file, so do scammers.

Reconsidering its earlier holding in the case, the court again held the IRS lacks statutory authority to assess the penalties for failing to file information returns disclosing ownership in foreign ...

As of Feb. 14, the IRS had received about 5% fewer individual returns compared to about the same point last season, according ...