T department allows taxpayers to opt between the two tax regimes. However, the decision can significantly impact your tax ...

The IRS estimates that one in five eligible taxpayers don't apply this important tax credit to their filing every year, ...

IRS staff were reportedly told in mid-March to stop working on Direct File's development for the 2026 tax filing season.

You do not have to endure the complexities of taxes alone. CPAs play a strategic role in tax planning, ensuring compliance ...

While President Trump’s administration hasn’t yet made a final decision about Direct File’s future, “it is a failed program,” ...

Any future income tax increases would require supermajority votes. If the state House approves it, the amendment would go to ...

Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to ...

A mass exodus of senior IRS officials is underway with Chief Information Officer Rajiv Uppaul expected to depart the agency after two years, according to an internal email reviewed by the Washington ...

The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might ...

Today is the deadline for filing your income tax returns, and while we all look forward to getting a refund, each year millions of Americans miss out on money they’re owed, often unaware that the IRS ...

Tuesday is Tax Day, the last day to pay any owed 2024 income taxes. It's also the final day to either file a tax return or claim an extension. Taxpayers have until 11:59 p.m. in their local time zone ...