In 2021, the difference between what U.S. taxpayers owed the federal government and what they paid hit nearly $700 billion.
After two years of delays, the IRS's third-party payment apps reporting change might impact your 2024 tax return.
The final regulations on the sale of property seized by the IRS through a levy for nonpayment of taxes provide a long overdue ...
If you want to avoid complications when filing your U.S. tax return, filing it as soon as possible is highly recommended.
When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.
An IRS summons didn’t violate a man’s Fifth Amendment rights against self incrimination, and the agency doesn’t need to be ...
Maryland has paid $5.4 million to the Internal Revenue Service after a rare IRS audit found the state owed millions of ...
House Republicans are demanding answers about potential retaliation against IRS whistleblowers who brought claims of ...
The dollar limit for catch-up contributions (if age 50 or older) remains the same as the 2024 limit and the IRS announced the catch-up contributions for participants who attain age 60, 61, 62 or 63 ...
The IRS has implemented Direct File, a free national service, in 24 states across the country. Delaware has yet to join it.