IRS

If you're trying to figure out when your refund is landing, some steps are a giant waste of time, the IRS says.

If you used a home equity loan in 2022 you may be able to deduct the interest you paid on your taxes. Here's how.

The tax deadline is different this year, especially if you live in this state.

See if you qualify for an extension now.

Refunds are met with glee each spring, but financial pros note that it represents money you've overpaid to the government.

It's tax season and scams are on the rise. Kurt "CyberGuy" Knutsson explains how to keep your personal information safe from theft when filing income taxes.

Illinois resident Eboney McDaniel said her tax filing to the IRS each year gets rejected as the federal government insists her son is dead — even though he is not.

Most California residents are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

Although most taxpayers aren't audited, the IRS has tools at its disposal to catch errors and tax scofflaws.

The IRS said it can now scan information from tax returns rather than forcing employees to enter data by hand.

Three Republicans have announced their candidacies for president so far.

The tax agency is warning not to fall for social media advice to file a fake W2 in the hope of getting a big refund.

The IRS adjusted the 2023 federal income tax brackets higher based on inflation. Here's how your federal taxes may compare to 2022.

Here's everything you need to know about filing your federal income taxes in 2023.

If you haven't filed your 2022 tax return yet, there are a few key things to know, according to tax experts.

A government watchdog warns that tax pros might not do a better job than you can — and some are straight-up fraudsters.

Here's everything you need to know about filing your federal income taxes in 2023.

The Senate Finance Committee this week voted to advance Daniel Werfel’s nomination to become IRS commissioner. Here's what to know.

A tax preparer who isn't legit may try to “ghost” you, leaving you to handle the IRS on your own.

Americans are filing their taxes earlier this year. Here's what to know about the IRS' turnaround time on your refund.

It's important to get organized with tax forms before filing your return to avoid refund delays. Here's how to know which forms you need.

Here's everything you need to know about filing your federal income taxes in 2023.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

The tax deadline is different this year, especially if you live in this state.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

Since Russia invaded Ukraine a year ago, U.S. companies, nonprofits and individuals have responded with donations, including of equipment like bulletproof vests and drones.

Here's everything you need to know about filing your federal income taxes in 2023.

Whether you’re filing a simple or complicated tax return, it’s critical to make sure it’s accurate and complete. Here's how IRS transcripts can help.

The answer depends on what type of an employee you were last year, according to Julia Glum, a news editor at Money.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

This is how you can get your 2023 tax refund as soon as possible.

The IRS has unveiled a new option to respond to certain agency notices online. Here's what filers need to know.

The BBB says the best way to avoid tax scams to is file early and watch out for red flags.

Daniel Werfel, President Joe Biden's nominee to lead the IRS, answered questions before the Senate Finance Committee this week. Here's what to know.

The tax deadline is different this year, especially if you live in this state.

This is how you can get your 2023 tax refund as soon as possible.

Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.

There are higher taxable income thresholds for the 0%, 15% and 20% long-term capital gains brackets for 2023. Here's what to know.

The IRS has issued nearly 8 million tax refunds worth about $15.7 billion, as of Feb. 3. Here's the average payment.

Taxpayers could save on taxes because of a higher standard deduction and more generous thresholds for each bracket.

A week after telling payment recipients to delay filing returns, the agency won't challenge the taxability of payments related to general welfare and disaster.

The Internal Revenue Service announced Friday that it will not impose any federal taxes on most relief checks issued by states last year.

The tax agency had previously asked taxpayers in those states to hold off on filing their returns until the issue was resolved.

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.

If you received a state tax rebate or payment in 2022, it's unclear whether the funds are taxable on your federal return. Here's what to know.

The IRS says most relief checks issued by states last year won't be subject to federal taxes, providing late guidance as taxpayers have begun filing returns.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.

The tax deadline is different this year, especially if you live in this state.

This is how you can get your 2023 tax refund as soon as possible.

Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.

Waitresses Nicole Beatty and Samantha Fezette discuss how President Biden's tax reporting for tips will hurt incomes in the service industry on "Jesse Watters Primetime."

They're dubbed inflation relief payments, but they reflect a hodgepodge of rules and eligibility requirements. The IRS wants time to figure out which rules apply to them.

The IRS has made several changes for the 2022 returns, which include lowering tax credits.

Tax season is here again.

House Republicans have began their tenure in the majority by passing a bill that would rescind nearly $71 billion that Congress had provided the IRS.

Former President Donald Trump’s tax returns are expected to be released by the House Ways and Means Committee on Friday.

Now that the Democratic-controlled House Ways and Means Committee has voted to release former President Donald Trump’s tax returns, there's the potential of additional revelations in the coming days related to the finances of the longtime businessman.

The House has taken action after disclosures the IRS never fully reviewed Donald Trump’s tax returns during his presidency.

An IRS policy governing the audits of tax returns filed by U.S. presidents is under new scrutiny.

A congressional panel says the IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency.

Treasury Secretary Janet Yellen is laying out her vision for a modernized, responsive, tech-savvy tax collection agency equipped to manage 21st century challenges.

Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will modernize its technology, customer service and hiring.

President Joe Biden has signed Democrats’ landmark climate change and health care bill.

Democrats have pushed their landmark climate and health care bill through Congress, handing an election-year victory to President Joe Biden.

10 News political analyst, Edward Lynch explains how the name, Inflation Reduction Act could be misleading as the bill makes no promises to reduce inflation for Americans anytime soon.

Monday is Tax Day, the federal deadline for individual tax filings and payments.

Millions of Americans wait until the last minute to file their taxes, and this year is no exception.

The deadline is Monday, April 18.

For those animal lovers who spend so much money on their pets and hope to recoup some of that cash spent when tax season arrives, this is the cold, hard reality: For the most part, you can’t.

The IRS criminal investigation arm tasked with tracking down sanctioned Russian oligarchs' property failed to receive an infusion of money in the Ukraine aid package.

You likely know what “income” means, and of course you’re aware of federal and state taxes, and the fact that we have to do them (or have them prepared for us, in some cases), every year. But how much do you know about income tax overall?

Congress is racing to pass a mammoth $1.5 trillion legislative package that would fund the government for the rest of the year.

Whether you’re new to owning your own business or a seasoned vet, taxes can be so stressful. It’s easy to overlook things or simply forget an item here and there.

Tax season is officially here, meaning you have the next couple months to get those returns filed! This year’s IRS deadline is April 18.

Tax filing season is here but so are the scammers looking to take your money.

If you need help filing your taxes, Total Action for Progress (TAP) in Roanoke is ready to help.

Alternative finance has captured the attention of investors across the U.S. As the 2022 tax season approaches, traders who are new to cryptocurrency taxation will have to contend with the IRS’ rules for reporting on taxable events.

The White House and Treasury Department launched a revamped Child Tax Credit website meant to help people who were eligible for the expanded tax credit under last year’s pandemic relief bill claim the second half of the payment they were due.

U.S. taxpayers, brace yourselves because tax filing season starts Monday and you can expect the task to be more cumbersome than usual this year.

How to prepare for the upcoming tax season and when you expect your refund.

For those who plan on donating to a charitable organization for Giving Tuesday, there could be some opportunities to receive money back when filing taxes next year.

Don't focus on the bottom line.

What does Bitcoin have to do with roads and bridges.

A Republican senator who helped negotiate a nearly trillion-dollar bipartisan infrastructure bill says a proposal to strengthen IRS enforcement to raise money to help pay for the bill's spending is officially off the table.

Republicans in Congress are alarmed by the leak of confidential IRS data to ProPublica that has enabled the investigative news organization to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times.

Two key U.S. senators introduced legislation Wednesday designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy.

A local tax expert gives advice about what to do if you still need to file your taxes and might miss the deadline.

A U.S. tax court has handed a major victory to the estate of Michael Jackson in a years-long battle.

Neely has nearly 40 years of experience and said from more people filing unemployment to PPP loans and stimulus checks, this tax season is unique. Make sure you have a tax preparer caught up with all the changes.

If you already anticipate needing some extra time to file your federal tax return, there’s some good news. You can always file for an extension.

If you grew up watching your parents get stressed around tax season, then you're probably not looking forward to filing yourself for the first time.

On Tuesday, more than 100 lawmakers, including four representatives from Virginia, signed a letter asking the IRS to extend the deadline to July 15. With the IRS handling a third-round of stimulus checks and fewer tax service aides available because of the coronavirus pandemic, agencies are feeling the pressure. AdEvery year, Total Action for Progress (TAP) offers free tax filing services. “With a pandemic still hanging over our heads, I would love to get some more time.”To meet in the middle, the IRS set the new deadline date for May 17. But more than 150 million tax returns are expected to be filed this year and with the new deadline, tax refund checks may not arrive until 6 to 8 weeks after filing.

How to track your stimulus paymentWondering where your $1,400 stimulus check is? The IRS has a tool that you can use to track the status of your relief payment. Here’s how you can track your $1,400 checkYou can click here and use the IRS Get My Payment tool here. When you put in your information, you’ll see the following payment statuses:A payment has been processedA payment date is available and payment is to be sent either by direct deposit or mail Note: mail means you may be issued an EIP Card or a check. You’re eligible, but a payment has not been processed and a payment date is not yet availableYou may also see ‘Payment Status Not Available,’ meaning the IRS has not yet processed your payment or you’re not eligible for a paymentAnother status you might see is ‘Need More Information,’ meaning your payment was returned to the IRS because the USPS was unable to deliver itAs a note, you will receive payments quicker if you’re set up for direct deposit with the IRS.

Even for those of us who think we have some knowledge about anything tax related, it can be a stressful time. And it's certainly not a time when you want to play a guessing game.

Even if we think we have some knowledge about anything tax-related, it can be a stressful time. And it's certainly not a time when you want to play a guessing game.

Tax season can be a reason to laugh, as these famous TV episodes showed.

A common aspect of the COVID-19 pandemic over the past two or so years has been more employees working remotely, but that doesn’t necessarily mean all those people were working from their homes.

Willie Nelson owed millions in taxes, so the IRS came up with an idea to help.

Tax season is busier than usual for professional athletes and the people they put in charge of their taxes.