Taxes

You don’t have to report student loans on your tax return. In fact, getting an education is more likely to result in a tax break than a tax bill.

The Internal Revenue Service said Monday that it will allow taxpayers to opt-out of using facial recognition software to verify their identity and access their online accounts as the agency tries to quell widespread backlash.

Tesla CEO Elon Musk clapped back at Sen. Elizabeth Warren, D-Mass., who claimed that he had paid “zero” in taxes in 2018. Musk cited his multi-billion-dollar anticipated tax bill for 2021.

Learn how to get a student loan tax offset hardship refund if your federal student loans are in default.

Those who took the child tax credit may be in for a surprise change in their refund size, or other potential complications, highlighting the downsides of administering family programs without a plan.

With millions of Americans expecting a tax refund this year, the IRS has one request for those looking to get their money faster: File your return electronically and as soon as possible.

The 2022 tax season is here, but it will be more complex than in previous years. Here's what you should look out for.

House Republicans in a Wednesday letter called on the IRS to ensure Americans receive their tax refunds in a “timely” manner.

Credible.com personal finance expert Dan Roccato on how to avoid scams for the 2022 tax season.

A tax refund advance is a short-term loan that you repay with your tax refund. The amount you can borrow depends on your expected refund and other factors.

IRS Commissioner Chuck Rettig on Tuesday sounded the alarm over the agency's massive backlog of unprocessed returns, which he warned could lead to a “challenging” tax season.

The Credible Money Coach shares some good news about student loan forgiveness and federal income taxes.

Vice President Kamala Harris is encouraging families to file their taxes in 2022 in order to receive the second half of their Child Tax Credit payment.

High shipping costs, rising energy costs, a shortage of materials, elevated commodity prices and rising wages have driven national and state-wide inflation to record levels.

Now that tax season is in full swing, taxpayers who participated in last year’s boom in cryptocurrency and other digital assets like non-fungible tokens (NFTs) are figuring out what it all means for their taxes.

Taxpayers received an average tax refund of nearly $3,000 in 2021, according to the IRS, and it's possible to use this cash windfall to improve your financial situation.

Two Democratic senators on Wednesday unveiled a proposal to temporarily suspend the federal gas tax in order to help blunt the financial pain of surging prices at the pump.