Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up.
If crypto investors want to avoid overpaying on their taxes, they'll have to provide the cost basis themselves. If they can't ...
Starting in 2026, details of each donation reported are immediately stored electronically on the ITA’s system. The donor can access these details online.
Learn about the Indian Employment Credit, a tax initiative rewarding companies for hiring enrolled tribe members or spouses on reservations, up until 2021.
Learn about under reporting, a practice that impacts tax liabilities, funds federal programs, and can lead to penalties.
Your tax return could trigger an IRS audit if you're missing key tax forms, experts say. Here's a checklist of forms and when to expect them.
The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about ...
A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...