A TIGTA report reveals paper returns make up just 6% of filings, but drive 72% of processing costs. Funding cuts and staffing ...

Any taxpayer or family who earned $89,000 or less in 2025 may use a free filing option for a tax return using the IRS website. In New York, taxpayers who earned $89,000 or less can file online for ...

Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up.

IRS Publication 523 allows taxpayers to exclude up to 500,000 of gain if ownership and residence tests are met. The article ...

If crypto investors want to avoid overpaying on their taxes, they'll have to provide the cost basis themselves. If they can't ...

What’s the typical wait time? Did you claim the Earned Income Tax Credit or the Additional Child Tax Credit? Read on for what ...

The senior bonus deduction is claimed directly on your regular tax return, using either Form 1040 or Form 1040-SR. A Schedule ...

TurboTax is offering a great incentive where you can file both your federal and state returns for $0, guaranteed, with no ...

Social media has in recent years become a source of tax misinformation. Where these tax schemes spread, misuse of tax credits ...

Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total ...

OUACHITA PARISH, La. (KTVE/KARD) – The Internal Revenue Service announced today tax relief for individuals and businesses in ...

Retired and wondering what tax documents you need? Use this checklist of the 13 most common tax documents retirees need to file accurately and avoid headaches.