KEY TAKEAWAY The IRS is moving away from paper refund checks this year, and is asking all taxpayers to include their direct ...

Tax season is underway, and the IRS expects 164 million people will file returns by April 15. If you file electronically, the ...

You could wind up paying a hefty penalty if you don't file your income taxes in time. Here's non-filing tax penalty this year ...

Most commercial tax-prep companies have free tiers. H&R Block is one of the most popular and has an easy-to-navigate ...

The IRS views almost all gambling winnings as taxable income. This includes sportsbooks, lotteries and even bingo winnings.

If you have to pay for care for your children or dependents, you may qualify for the child and dependent care tax credit.

You can apply for First Time Abate relief by calling the IRS, sending a written statement or filing Form 843, Claim for Refund and Request for Abatement. If your penalty is removed, the IRS also ...

Staffing losses, backlogs of unprocessed tax returns, and tech delays leave the agency entering filing season under strained ...

The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.

Dividends are a portion of a company’s profits issued to shareholders and are taxable. Learn the dividend tax rate and what you’ll owe. Here's more to read: ...

We break down the definitions and eligibility rules for the five IRS filing statuses to help you maximize your refund this ...

You can elect to open Trump accounts for children via Form 4547 when filing tax returns this season. Here are the key things ...