IRS

The record-high Social Security cost-of-living bump that beneficiaries received in 2023 could come back to bite them during this year's tax-filing season.

The IRS said Tuesday that it will simplify the "difficult to understand" notices that it sends to taxpayers as part of the $80 billion modernization push.

The number of Americans working from home has surged, but remote workers in five states face a potential tax shock this tax-filing season from the IRS.

When outlining your resolutions for the coming year, prioritize your financial wellness. Get expert guidance as a certified financial planner shares 2024's resolutions.

The IRS on Monday announced that it will start accepting and processing 2023 tax returns for individuals on Jan. 29. The deadline for filing is April 15.

The IRS adjusted the income limits for the different tax brackets in the 2024 tax year as still-high inflation continues to squeeze Americans financially.

The Internal Revenue Service isn't in compliance with White House ban on TikTok being accessed on federal agency devices, according to a government watchdog.

Americans who owe back taxes will be given an incentive to pay up after the Internal Revenue Service said Tuesday it would waive nearly $1 billion in late-payment penalties.

The IRS earlier this year lifted the amount that workers can set aside for retirement in their 401(k), IRA and other tax-deferred plans beginning in 2024.

Democratic Minnesota Gov. Tim Walz called "bulls---" on Wednesday when responding to the IRS decision to tax Minnesotans on a rebate check.

The Internal Revenue Service is warning taxpayers and tax professional to look out for suspicious emails and text messages that could be from fraudsters as tax filing season nears.

The IRS is raising the interest penalty for underpayment of estimated taxes, with taxpayers who are self-employed or work as independent contractors urged to be vigilant.

In 2021, Democrats lowered the reporting threshold for online transactions to an unreasonably low level of $600 or more – and Congress had until Dec. 31 to fix this error.

A controversial new tax-reporting policy involving payments over $600 on e-commerce platforms like eBay and Etsy will be delayed by one year, the IRS said.

The IRS on Thursday announced the new income limits for the different tax brackets as still-high inflation continues to squeeze Americans financially.

Treasury Secretary Janet Yellen condemned Republican efforts to claw back funding for the IRS in its effort to provide Israel with $14 billion in aid.

The IRS said Wednesday that it lifted the amount that workers can set aside for retirement in their 401(k), IRA and other tax-deferred plans next year.