With inflation adjustments, expanded credits, and several changes tied to the One Big Beautiful Bill (OBBB), taxpayers may ...

Taxpayers can now start filing their income tax returns for 2024. The Internal Revenue Service started accepting federal individual tax year 2024 returns on Monday, Jan. 27 and has already received ...

A tax refund from the IRS basically feels like found money. But it’s not necessarily a smart move! The average tax refund in ...

WASHINGTON- (INTERNAL REVENUE SERVICE PRESS RELEASE) - The Internal Revenue Service today announced that the nation’s 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and ...

The IRS has announced plans to close nine Taxpayer Assistance Centers in six states. The sites that are targeted for closure are located in Altoona, Pa.; Wilkes-Barre ...

The next time the IRS tells you it "fixed" your return, you will not be stuck decoding a cryptic notice on your own. A new ...

Internal Revenue Service employees faced threats of assault during Saturday tax assistance events last year, according to a recent report. The report, issued earlier this month by the Treasury ...

IRS Taxpayer Assistance Centers are offices where taxpayers can get help on their taxes. According to the IRS, actual IRS employees are the ones who help with taxpayers within these centers, and the ...

Key Points ・Tax season may start later than usual. IRS leadership has indicated the filing season could open around ...

Due to the government shutdown—now in its third week—IRS operations are limited. Despite the need to prepare for the upcoming tax filing season—with new tax laws like no tax on tips in place—the IRS ...

Big generosity does not always trigger a big tax bill. Under federal rules, several categories of large gifts are completely ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. The U.S. Senate has introduced the Taxpayer Assistance and Service Act, a ...