As the 2025 tax season approaches, understanding the Earned Income Tax Credit (EITC) can significantly impact your tax return. With changes in credit amounts and eligibility criteria, it's crucial to ...

As the 2025 tax filing season kicks off, the IRS has issued crucial advice to streamline the process for taxpayers. Emphasizing the importance of electronic filing, the agency aims to help individuals ...

Americans will no longer be able to use their tax refunds to purchase a popular investment that provides protection against inflation.

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

To file your taxes, you will need a host of documents, including personal information and income. Here is what you need, ...

As Tax Season 2025 approaches, understanding the Earned Income Tax Credit (EITC) can help you secure a valuable tax refund.

Filing your income tax return in the United States requires not only accuracy but also ensuring that you have no outstanding debts with the IRS.

If you’re among the one million Americans receiving an IRS stimulus check this month, here’s how you can make sure you get ...

President Donald Trump ordered an indefinite hiring freeze at the IRS ahead of tax season, but fears about delayed tax ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more.

The official start of tax season is here. According to the IRS, taxpayers in 25 states were able to start filing on Jan. 27 ...