Even though the 2025 tax season has only been open less than two full weeks, the IRS has already been busy processing tax ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

President Donald Trump has issued a slew of executive orders (EO) since beginning his second term, including one that may ...

the IRS has already been busy processing tax returns and issuing tax refunds. Not mine — I'm still a ways away from sitting down with my W-2 forms and the 1040 instructions and a calculator ...

The chart that the IRS issued Friday afternoon did not list ... returns for five days through Feb. 2, 2024. The average tax refund received during the first week of most tax seasons tends to ...

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

Getting a big tax refund generally means you overpaid ... “I often encourage folks to use the IRS withholding calculator to determine the right amount to have deducted from their paycheck.

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 ...

The IRS has a federal tax withholding calculator to help you figure out how much should be withheld from your paycheck. Last year, the government issued nearly 105 million refunds totaling roughly ...