Taxes

Taxpayers face overloaded IRS as filing season opens Monday

Multiple factors, including a IRS worker shortage, an enormous workload from administering pandemic-related programs and stalled legislation that would have given the agency billions of dollars will combine to cause taxpayers pain this filing season.

Child tax credit: How families can get the rest of their money in 2022

Although the IRS paid out the last monthly installment of the expanded child tax credit in December, millions of parents should be on the lookout for a letter from the agency that will help them collect the remaining half of the money when they file their 2021 tax returns.

California weighing proposal that could double its taxes

California lawmakers unveiled a new bill at the beginning of the year that would establish a single-payer health care system – an ambitious plan that would be funded by nearly doubling the state's already-high taxes.