The Internal Revenue Service (IRS) has a well-defined schedule for rewarding taxpayers who have filed their annual tax return in a timely manner, and many people are anxious to kno ...

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

Form 7217, Partner’s Report of Property Distributed by a Partnership, debuted for 2024, intended to apprise the IRS of factors in a partner’s basis computation.

Don’t leave money on the table when you prepare your 2024 income taxes. We’re here to help you claim all the expenses you can ...

Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

Learn which payment apps report transactions to the IRS, including Zelle, Venmo, and CashApp. Understand how reporting ...

Claiming unusually high deductions can trigger an IRS audit, according to Geltrude.

We compare the two highest-rated tax prep apps we've reviewed on price, usability, tax coverage, help resources, and more to help you choose between them.

The 2025 tax season is already underway, and as the days go by, many taxpayers are anxiously awaiting the date when they will be able to receive their refunds from the Internal Rev ...

Tax season is in full swing, and the IRS anticipates that 140 million individuals will file returns by April 15. Taxpayers can use the online tool "Where’s My Refund?" to check the status of ...