If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...

The Research Tax Credit for federal purposes has been around since 1981, and the form to report qualified research ...

Direct deposit is the fastest, safest way to receive your tax refund, and changes cannot be made after filing.

An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.

High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers ...

With April 15, 2025, tax deadline fast approaching, millions of taxpayers are making final preparations for their Individual Tax Filing. The IRS has reiterated the importance of accuracy and ...

Income tax season has begun. Individuals are expected to file more than 160 million federal returns for tax year 2024. Most will come in by the regular April 15 deadline, with automatic extensions to ...

Elon Musk, head of the chaos-causing Department of Government Efficiency, made an assertion this week that raised questions in some people’s minds about the status of the IRS Direct File program.

Musk posted on X (formerly Twitter) that he had “deleted” 18F, the group responsible for creating the IRS Direct File program. That caused some users on social media to incorrectly report that ...

The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...

That’s because your employer withholds some money from each paycheck in the form of withholding taxes, which help pay your income tax bill throughout the year. It’s important to understand how ...

The IRS Direct File program can be used on computers, tablets and smartphones. Photo: Tasos Katopodis/Getty Images for Economic Security Project ...