Taxes

Gas tax increases went into effect in a number of states on Wednesday, including California where the per-gallon rate rose to 50.5 cents.

Here is what you need to know to claim a home office deduction with the current tax law.

The National Taxpayer Advocate said the IRS had a backlog of 4.7 million returns for the 2019 tax year as of mid-May, warning that some taxpayers are in "for a long wait."

If you need to turn your savings into cash because of the coronavirus pandemic, here are ways to do that.

As file your tax return, don't forget that you still have an opportunity to take advantage of one huge money-saving tax break: funding your 2019 IRA.

The Trump administration permanently slashed the corporate tax rate from 35 percent to 21 percent with the passage of the 2017 Tax Cuts and Jobs Act.

The 12 films could generate around $225 million in qualified spending. 

The administration has urged people who are expecting a refund not to wait to file their returns.

The notices may cause "widespread taxpayer confusion," an official warns.

Delays extend beyond people who filed paper returns.

The IRS is slowly resuming operations after pandemic-related lockdowns, but delayed refunds are devastating some people’s finances.

By taking longer to submit their returns, Americans have also been delaying their refunds -- money they may have desperately needed these past few months.