Today, congressional Republicans are pushing tax reform proposals that would cost the country over $5 trillion and would ...

With the 2025 tax season underway, the IRS' Free File could be just what you need to get your taxes done early and for $0.

From how to file for free to what forms payment processors like Venmo are sending, we have the guide on what to know about ...

With potential staffing cuts and a temporary acting commissioner, it could be harder for taxpayers to reach the IRS with ...

The Internal Revenue Service (IRS) has warned taxpayers that some refunds may take longer to process following a federal tax ...

So, if you received $125 in interest on a high-yield savings account in 2024, you're required to pay taxes on that interest when you file your federal tax return for the 2024 tax year. Taxes are paid ...

Lifetime learning credit: Introduced with the Taxpayer Relief Act of 1997 ... you'll need to file Form 1116, "Foreign Tax ...

IRS Direct File is back again this year with significantly expanded eligibility despite confusion over whether Elon Musk had “deleted” it. (He didn’t.) ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.