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

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

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 ...

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.

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

The IRS highlights key forms and tips for tax-exempt organizations ahead of the May 15 filing deadline. Here's what you need ...

The IRS blessed us with an extension, setting a new deadline for May 1, which means there is still time for thousands file ...

The IRS doesn’t consider freeloading relatives as one of the hardships that can modify the home sales exclusion rules.

IRS audits are increasing in 2025 as the future of the Direct File program remains uncertain. Here's how both changes will ...

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

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 ...

The free tax filing program, which launched in 12 states last year, may shutter, leaving many Washington residents ...