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

This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.

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

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

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

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

Maryland has paid $5.4 million to the Internal Revenue Service after a rare IRS audit found the state owed millions of ...

Contribution limits for 401(k) and other workplace retirement plans rise for 2025. Sixty- to 63-year-olds get a super ...

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

The Internal Revenue Service on Friday announced the 2025 contribution limits for 401(k) and Individual Retirement ...