News

The IRS has finished correcting millions of 2020 tax year returns—a process that resulted in the agency issuing 12 million tax refunds averaging $1,232 each, for a total of about $14.8 billion. The ...
The IRS may owe those who didn’t file their 2020 taxes hundreds — even thousands — of dollars, but the deadline to claim that money is fast approaching. Nearly 1 million taxpayers have yet to submit ...
It’s officially tax filing season in the United States. That means many people are looking for answers to all of their filing questions. In 2020 and 2021, the federal government issued three rounds of ...
After a years-long legal battle over President Donald Trump’s tax returns, a House Committee report released Wednesday revealed he paid $1.1 million during his presidency, but $0 in 2020, ending the ...
More than 88,000 California taxpayers have yet to claim their refunds for 2020, and time is running out, the Internal Revenue Service said. The IRS announced Tuesday in a news release that about ...
When the coronavirus pandemic hit in 2020, it upended tax season for filers and tax professionals alike. To offset the often unavoidable errors, delays and missed deadlines many taxpayers have ...
The Internal Revenue Service updated its frequently asked questions page Wednesday with new and updated information about the exclusion provided under the American Rescue Plan Act of 2021 of up to $10 ...
The Democratic-led House Ways and Means Committee said Tuesday it would release former President Donald Trump’s tax returns within days and asserted that the IRS failed to properly audit the former ...
WASHINGTON — A former contractor for the Internal Revenue Service who pleaded guilty to leaking tax information to news outlets about former President Donald Trump and thousands of the country's ...