IRS

This year's tax deadline is Wednesday, April 15.

While the chances of being audited are on the decline, the agency is looking for certain red flags across returns.

Loss of employees may create a risk of knowledge and experience gaps.

The average refund last tax season was about $2,725.

More Americans have said they think it is okay to cheat a bit on their taxes.

The average refund last tax season was about $2,725.

When it comes to customer experience, the IRS is among the “lowest performing federal agencies,” a new report says.

A new law is expected to save the state’s small businesses $35 billion in state income taxes.

Returns can't officially be filed until later this month.

The decline in tax enforcement is a result of years of cuts in the agency’s budget.

The IRS' Free File program was called into question after reports showed companies steered taxpayers away from free options they may have been eligible to use.

The Sunshine State brought in far more revenue than any other state as a result of migration.

The change also eliminates language that would prevent the IRS itself from entering the tax return software market.

Legislation approved by Congress eliminates stretch IRAs.

Letter warning of potential tax penalty led to an uptick in coverage and a decline in mortality.

Despite the focus on crime, the IRS' tax gap could swell to $7.5 trillion over the coming decade.

Tax evasion – involving nonpayment or underpayment of tax obligations – can result in jail time for a select few negligent taxpayers.

The IRS estimated it failed to collect $380 billion in taxes per year, between 2011 and 2013. Using those figures, and accounting for inflation and income growth, Summers and Sarin estimated the IRS would not collect nearly 15 percent of total tax liabilities in 2020 alone — or $630 billion.

Here’s how much you can contribute to your retirement plans.

A look at the new rates that will affect returns taxpayers typically file beginning in 2021.