In 2021, the difference between what U.S. taxpayers owed the federal government and what they paid hit nearly $700 billion.

Corey Feldman fired back at his estranged wife, Courtney Feldman’s, plea for $5,000 a month in support and claimed he doesn’t ...

Year-end is when participants who defer income in nonqualified plans choose how much to squirrel away. The 2025 IRS limits on ...

After two years of delays, the IRS's third-party payment apps reporting change might impact your 2024 tax return.

The final regulations on the sale of property seized by the IRS through a levy for nonpayment of taxes provide a long overdue ...

Americans will be able to sock away more in their workplace retirement plans, before taxes, in 2025. The IRS said on Friday ...

When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.

House Republicans are demanding answers about potential retaliation against IRS whistleblowers who brought claims of ...

If you want to avoid complications when filing your U.S. tax return, filing it as soon as possible is highly recommended.

The agency last week announced increases to the standard deduction in its annual inflation adjustments for 2025. For single ...

Image by PublicDomainPictures from Pixabay November 4, 2024 - WASHINGTON — The Internal Revenue Service has announced that ...

The IRS announcement comes roughly one week after the agency unveiled dozens of inflation adjustments for 2025, ...