The Latest Breaking News from IRS

In the past, filing taxes was a predictable ritual: mail in the return or e-file it, and wait 21 days for the refund. In 2026,...

Delays in processing tax returns can be especially perilous for low-income households.

‘A good tax professional helps reduce avoidable mistakes, asks the right follow-up questions, and makes sure the return is consistent and well-documented,’ one expert said

A single life event like an inheritance or home sale can complicate your tax situation. Some of these tax triggers may change what you owe if you don't act.

In this week's Ask the Editor Q&A, Joy Taylor answers questions on federal income tax deductions

For the last eight years, tax season was deceptively simple for most Americans. Thanks to the 2017 Tax Cuts and Jobs Act (TCJA), the Standard Deduction was so high, nearly $30,000 for couples, that 90% of taxpayers stopped tracking receipts. You didn’t need to log your charitable donations, medical bills,…

This conflict of interest has a conflict of interest.

When Super Bowl LX hype fades, some fans may be surprised to learn that sports betting tax rules have shifted.

You triple-checked your numbers, used reputable tax software, filed on time, hit “submit,” and confidently waited for that sweet refund to hit your bank account. And then… nothing.