News

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...
For many taxpayers, receiving a tax refund is a highly anticipated event. The Internal Revenue Service (IRS) has announced ...
The Trump administration’s 2025 cost-cutting campaign at the IRS was all too successful, according to an internal watchdog report. As a result, the agency may struggle through the 2026 tax ...
Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
The Tolland man has been charged with tax and fraud offenses after he allegedly created fake trusts in order to obtain ...
Congressional report warns IRS budget cuts may slow refunds, reduce enforcement, and strain services in the 2026 tax season.
The Internal Revenue Service (IRS) is in the process of issuing tax refunds to those who filed their returns last month ...
Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...
Crypto investors are poised for record returns on Bitcoin and other digital assets—and so, too, is the taxman. The Internal ...