The IRS has announced a key deadline for retirees who turned 73 in 2024, requiring them to begin withdrawals from their ...

Taxpayers could fall into plenty of potholes if someone takes a wrong turn when claiming an attractive tax credit for buying ...

Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some ...

The IRS instructions for Form 1040 typically include a table to help you calculate the standard deduction available to you based on when you (and your spouse, if applicable) were born and whether ...

Thousands of workers are set to be out of a job at the IRS with just under two months left in the tax filing season. Thomas is a native of upstate New York and a graduate of the University at Albany.

The Internal Revenue Service began to terminate thousands of employees Thursday, disrupting the agency when tax season is in full swing and tens of millions of people are seeking refunds.

The IRS intends to begin laying off 6,000 employees, starting Thursday, as part of the job cuts slicing through the federal government. Though it comes in the thick of tax-filing season ...

Cultura RM Exclusive/Stefano Gilera / Getty Images Form 1099-Q: Payments From Qualified Education Programs is an Internal Revenue Service (IRS) tax form sent to individuals who receive ...

Cuts are part of Trump's effort to shrink government Judge rules that firings can proceed for now IRS had expanded under Trump's predecessor Biden Feb 20 (Reuters) - A tearful executive at the U.S ...

Claims involving the Earned Income Tax Credit, Additional Child Tax Credit, or the inclusion of Form 8379 (Injured Spouse Allocation). Processing time required by the taxpayer's bank or credit ...

This option is recommended for people familiar with IRS form instructions. The system is designed to handle relatively simple tax returns. Those with complicated tax returns may not qualify for ...

An agreement with the IRS could give the team access to the Integrated Data Retrieval System, these people explained. That system, according to the IRS, allows anyone with access the ability “to ...