The IRS has officially kicked off the 2025 tax filing season, accepting 2024 federal tax returns. Here's what you need to ...

The type of deduction you take can determine how much you'll owe, or even get back in refunds this tax season. But what is the difference between standard and itemized deductions? Is one option better ...

We're three months into the new year and another month closer to the deadline to file your 2024 income tax returns. The IRS started accepting tax returns on Jan. 27. Most tax advisors recommend ...

The IRS has identified eight common mistakes that can delay refunds to taxpayers or prompt rejection of their tax returns.

Former IRS Commissioner Daniel Werfel talked about concerns about how layoffs at the Internal Revenue Service could affect tax collection.

Your retirement account withdrawals might not be your only taxable income, either. The federal government can tax up to 85% ...

While the Oscars may have their winners, many Americans are set to receive a more impactful reward: the 2025 Tax Refund. This ...

A government shutdown has never happened during tax season, but some experts predict that certain disruptions are inevitable.

Congress has less than two weeks to avert a government shutdown that could cause widespread pains for taxpayers.

The child tax credit is one of the most popular credits to claim in tax season. This is what to know if you want to claim it ...

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...