Each year, tax season brings mixed feelings, with a little stress, but also a lot of anticipation. For thousands of taxpayers ...

While the typical tax deadline for most Americans has passed on April 15, 2025, the IRS has extended deadlines for ...

Michael Faulkender, the fourth interim leader since January, promises modernization of the tax agency’s systems in two years.

Failure to comply with filing requirements can lead to significant consequences, including automatic revocation of tax-exempt ...

The IRS can impose penalties reaching up to $100,000, making it essential to understand the importance of timely filing.

Payroll taxes withheld from paychecks belong to the government. If the employer uses the money for something else, the IRS is ...

Nearly 75 million Americans have already received their annual tax refunds from the Internal Revenue Service (IRS), with the average refund totaling thousands of dollars.

But there is some historical precedent for stripping a school of its tax-exempt status — a measure that would have crippling effects, making the university’s endowment income taxable and disallowing ...

The cyclone affected over 375,000 households across the Southeast. IRS delays tax filing deadline for state residents after ...

As tax season kicks off, many taxpayers are eager to know when they'll receive their refunds. With the IRS accepting returns ...

Every year, millions of dollars in tax refunds go unclaimed in the United States, often because the taxpayers have passed ...

Over 66 million retired Americans receive Social Security income, including roughly six million baby boomers who signed up to begin receiving benefits in 2024. While Social Security income is only ...