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IRS says tax collection is more efficient this year, and receipts are up more than 5%
The Treasury Department and IRS are working to make the tax collection agency more efficient, which has included a focus on ...
What an IRS Battle Over an 850-Year-Old Painting Means for Your Taxes
Nobody likes a battle with the Internal Revenue Service. But some battles are worse than others—and Oscar Tang has just been ...
The IRS has issued millions of tax refunds — here’s the average payment Americans have received. How does yours stack up?
With tax filing season in full swing, the IRS has been busy issuing tax refunds. In fact, the Internal Revenue Service ...
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IRS tax forgiveness: What to know
The IRS provides several options for tax forgiveness, including an approved payment plan, an offer in compromise and spousal ...
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Federal Income Tax Brackets And IRS Tax Tables For 2025
The IRS recently announced the 2025 tax brackets and tax tables. Given many people are interested in the changes, we wanted ...
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IRS can charge you up to $100,000 this year for not filing your tax return
The IRS can impose penalties reaching up to $100,000, making it essential to understand the importance of timely filing.
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IRS issues update on tax refund timings
T he Internal Revenue Service (IRS) issues most tax refunds within 21 days for those who filed online and used direct deposit ...
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States in which the IRS tax season is still active after April 15
In the wake of recent natural disasters, the IRS has granted automatic tax extensions to residents in certain states. This ...
How does the IRS work opportunity tax credit work?
This little-known tax credit could save your business thousands of dollars per eligible hire. Here's how it works.
The IRS is in chaos
But that means the IRS will focus on the low-hanging fruit, exams that agents conduct solely through correspondence. But good ...