Seniors on a fixed income can find relief from tax debt through various IRS programs. Find out more about these opportunities ...

The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

For most small business owners, success is typically followed by a substantial tax bill. Here are five things every owner should know.

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 ...

Tax administration is still a big task for the federal government every year. The Internal Revenue Service (IRS) processed more than 266 million tax returns in fiscal year 2024. It collected $5.1 ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

If you are wondering about a tariff rebate, state or federal tax refund, inflation check, economic impact payment or a new, fourth stimulus check in 2025, here's a status update from the IRS and how ...

If you are wondering about a previous stimulus check or waiting on a tax refund from the IRS, here's and update on how to check status, and what to know about the new American Worker Rebate Act of ...

If you’re considering buying an electric vehicle, now is the time to act. The massive tax bill that President Donald Trump signed into law on July 4 eliminates the popular electric vehicle (EV) tax ...