The reconciliation text being considered by the House Ways and Means Committee includes $15 million for the IRS to study how to give Americans free ways to file their taxes that would replace both the ...

The proposed version of the legislation boosts the standard deduction and increases the child tax credit, which would also ...

For those who filed their tax returns between April 14 and April 20, 2025, the wait for an IRS refund is nearing its end.

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms ...

Know your taxpayer's Bill of Rights, says Julie Jason, and remember that time is of the essence should you get a letter from ...

His proof? Bendor said that the IRS took about $20.8 million from state residents. Had they spent that money, he figures the state would have collected about $480,000 in sales tax. Snow dismissed ...

The office of the Treasury Inspector General for Tax Administration has sought a wide swath of information from IRS employees. In particular, the office is seeking any requests for taxpayer data ...

Many Americans are still waiting for their 2025 tax refunds as IRS processing delays continue into ... direct deposit should first use the “Where’s My Refund?” tool on IRS.gov to check their status.

Visit IRS.gov/extensions for details. What documents do you need to file your taxes? Here's a list of some tax forms you might need to fill out and what each of them are: New for 2025 filing ...

“Gone are the days of long queues at banks, tedious form-filling, and the looming anxiety of last-minute tax payments. The ‘e-Pay Tax’ feature introduced by the Department is an elegant, efficient, ...

WASHINGTON — The height of tax season was the height of turmoil at the IRS. The agency shuffled through three acting directors over the course of a week. It's preparing to lose tens of thousands ...

Ex-Treasury Secretary Larry Summers said Trump's IRS cuts could cost the government $1 trillion. A Yale economist told BI that his estimate is conservative, and actual losses could top $2 trillion.