IRS can seize assets overseas to satisfy tax debts but it's not a simple task. Examine how IRS reaches foreign accounts and ...

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

The IRS has announced the start of the tax season, set for Jan. 27, and new tools and features making the filing process ...

The best ways to use your tax refund include building an emergency fund, paying off high-interest debt, and saving for ...

“To minimize headaches and get this money to eligible taxpayers, we’re making these payments automatic, meaning these people ...

Banking app Chime* is inviting members to file their state and federal taxes for free, directly through its platform. Simple ...

Tax season will officially start Monday, Jan. 27. The IRS expects more than 140 million individual returns for tax year 2024 ...

The Internal Revenue Service has sent out a round of automatic payments for eligible taxpayers. Here's how to know if the ...

You may fund a health savings account (HSA) with a high-deductible health insurance policy. Contributions to an HSA are ...

In the next few months, most Americans will be focused on getting their tax documents together to complete their 2024 returns.

April 15, 2025, is the filing deadline for federal taxes. That's on a Tuesday this year. If you fail to file or pay your federal tax return on time, the standard penalty is a whopping 5% of any tax ...

According to a press release from the IRS, about $2.4 billion was expected to be distributed in December, and in most cases, ...