The IRS has released guidance to help taxpayers understand how the One Big Beautiful Bill Act will impact existing Employee Retention Credit (ERC) claims and refunds.

It's tax filing time, and for many Americans, that means extra financial stress. Some may be unable to pay their tax bills or could find themselves adding onto already existing tax debt — putting them ...

Tax-related identity theft occurs when stolen Social Security numbers are used to file fraudulent returns and claim refunds. According to an interim report by the Treasury Inspector General For Tax ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The IRS doesn't typically just let up on the collection efforts when you ...

The Internal Revenue Service has long warned about scams targeting America’s taxpayers. Ranging from email schemes to misleading information about tax credits, these phony trends peak during filing ...

The IRS has finally issued final regulations on those SECURE 2.0 Act provisions relating to catch-up contributions. Depending on your income, those may be treated as Roth catch-up contributions.

For newlywed couples in the United States, navigating the intricacies of tax filing can be a daunting task. The IRS offers specific guidance to help those who have recently tied the knot avoid future ...

NEW YORK (WKRC/CNN Newsource) - If you've already filed your taxes with the IRS, you may have received a refund. So far this year, the IRS has sent out nearly 68 million refunds, with the average ...

The Internal Revenue Service (IRS) has sounded the alarm on a surge of fraudulent tax schemes circulating on social media. This urgent warning aims to alert taxpayers about the misuse of tax credits, ...

Some taxpayers who bought electric vehicles in 2024 had trouble claiming the tax credits because of bad paperwork. Auto dealers group announced an IRS change that will enable dealers to fix EV tax ...