The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...

The Internal Revenue Service estimated Phillip Mak owed $1.9 million in taxes, interest and fees, said a federal indictment.

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

If you are eligible for a tax refund, filing earlier could mean your rebate will be paid quicker, but it’s possible your ...

The IRS cautions taxpayers not to rely on receiving a refund by a certain date, especially when making major purchases or ...

The IRS is expecting over 140 million individual tax returns for the tax year 2024 to be filed ahead of April's deadline.

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which was worth an average of $2,743 in 2023, according to the IRS.

Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions ...