Internal Revenue Service

A growing number of questionable claims are coming from small businesses who may or may not be aware that they aren’t eligible.

The IRS is launching an effort to crack down on 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes.

The IRS will offer digital correspondence for the 2024 season and aims to provide “paperless processing” for tax returns in 2025. Here’s what to know.

It is officially Tax Day and many people are finding themselves racing against the clock to meet the deadline. Fortunately, there’s a way to secure extra time and avoid costly penalties by requesting an extension from the Internal Revenue Service.

It is officially Tax Day and many people are finding themselves racing against the clock to meet the deadline. Fortunately, there’s a way to secure extra time and avoid costly penalties by requesting an extension from the Internal Revenue Service.  “The penalty for not filing is way higher than the penalty for not paying,” explains Alejandra Castro, spokesperson for...

The IRS is outlining how it plans to use an infusion of $80 billion for improved operations.

The IRS on Friday issued state rebate and payment guidance for millions of filers urged to pause federal filings. Here’s what taxpayers need to know.

VITA is an organization that partners with college students to provide free tax preparation services. Christopher Thornton, the president of the UCLA chapter, explains how it works.

The fourth-quarter estimated tax deadline is Jan. 17. Here’s how to avoid a ‘surprise tax bill’ for 2022, according to the IRS.

The Senate approved nearly $80 billion in IRS funding with $45.6 billion for “enforcement.” Here’s who may be affected by more audits.

Two of former President Donald Trump’s leading foes, ex-FBI Director James Comey and ex-FBI Deputy Director Andrew McCabe, were subject to rare tax audits.

If you’re scrambling to finish your taxes, it’s easy to overlook the forms needed for a complete and accurate return. Here are some of the most common mistakes.

Two House committees have launched an investigation into the government’s use of facial recognition software.

Most of the third round of stimulus checks has been sent. But if you never received a payment or your circumstances have changed, you may be eligible for money.

High-net-worth investors have several options when it comes to tax-saving moves. Here’s a look at a few of them.

Is your 2020 tax return still pending? There’s a special step to follow when electronically filing your 2021 return, the IRS says.

Over the past two years, the Internal Revenue Service Criminal Investigation’s Miami Field Office has investigated more than 70 cases of coronavirus-related fraud totaling over $55 million, the office reported Thursday.

If you have overseas financial accounts, you may need to disclose balances to the U.S. Department of the Treasury by April 15 or incur a steep tax penalty.