IRS

Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.

More employees are tapping their nest eggs to cover financial emergencies, from medical care to avoiding eviction.

While the odds of an audit have been low, your return may get flagged for several reasons, tax experts say. Here's what filers need to know.

Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.

More employees are tapping their nest eggs to cover financial emergencies, from medical care to avoiding eviction.

Black Americans are nearly three to five times more likely to be audited by IRS, a new study shows. Here's what it means for filers.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

This is how you can get your 2023 tax refund as soon as possible.

Here's everything you need to know about filing taxes in 2023.

The tax deadline is different this year, especially if you live in this state.

Roughly 70% of Americans qualify for IRS Free File, but only 2% of taxpayers used it in 2022. Here's what to know to file your federal return for free.

Fraud costs Americans billions of dollars each year, and tax season is a time when phone, email and text scams, including IRS agent impersonation, all rise.

The tax deadline is different this year, especially if you live in this state.

A new study suggests ways the IRS could solve an algorithmic bias that has harmed low-income and Black taxpayers.

If you worked from home in 2022, you may wonder if you qualify for the home office deduction. Here's what to know before filing your return.

Here's everything you need to know about filing taxes in 2023.

This is how you can get your 2023 tax refund as soon as possible.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

Rappahannock United Way and AARP are offering free tax preparation for eligible households at several locations in the area.

A group of House Republicans have revisited the Fair Tax Act, which would replace certain federal taxes with a national sales tax and decentralize the IRS.

Tax season opened Jan. 23. Here are some tips and things to know before filing a return, including ways to get a faster tax refund from the IRS.

Tips for the 2023 tax season: Don’t call the IRS on Mondays, triple-check for errors, don't mail a return if you don't have to, and other tax advice.

Everything you need to know about filing taxes in 2023.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

If you're expecting a tax refund, it may be smaller than last year's payment, according to the IRS. Here's why.

NEW YORK (AP) — For many people filing U.S. tax returns — especially those doing it for their first time — it can be a daunting task that's often left to the last minute.[San Marcos, TX] [Hays County news] News San Marcos News, San Marcos Record [Texas State]

Tax season is here again.

The IRS expects to issue guidance on the clean vehicle credit in March. Experts think the rules around car batteries will limit who can get the credit.

Experts say it's critical to get organized with tax forms before filing your 2022 return. Here's how to avoid tax refund delays.

Tax season kicked off for individual filers on Jan. 23, and the deadline for most taxpayers is April 18. Here's how to get a faster tax refund, experts say.

If IRS forms, tax jargon, and number-crunching make your head spin, there may be help available through the Volunteer Income Tax Assistance Program.

Tax season kicked off for individual filers on Monday with a bigger IRS customer service team and enhanced technology, according to Treasury officials.

"A lot of people will get their refunds and they won't get as much as anticipated," one expert said as tax season kicks off.

With millions of Americans counting on their tax refund to pay the bills, these tips can help avoid problems getting paid.

Monday is the first day of tax filing season, and experts said this week could be an excellent time to get your records in order.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

With millions of Americans counting on their tax refund to pay the bills, these tips can help avoid problems getting paid.

There's still time to avoid a penalty if you didn't pay enough taxes in 2022. The deadline for fourth-quarter estimated tax payments is Jan. 17.

The answer to that question is one factor determining whether some vehicles qualify for the EV tax credit.

Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.

The IRS has struggled to process tax returns and answer taxpayer questions over the past three years. The 2023 tax season opens Jan. 23. Will things be better?

Check to see if you qualify for a tax extension.

The IRS will start accepting 2022 tax returns for individual filers on Jan. 23, the agency announced Thursday.

Everything you need to know about filing taxes in 2023.

This is how you can get your 2023 tax refund as soon as possible.

After another challenging year for the IRS in 2022, the agency may be primed for a better 2023 tax season, according to the Taxpayer Advocate Service.

The end of Covid-era boosts to tax breaks mean you could be in for a bigger tax bill or a smaller refund.

Some Twitter users calculated what the value of the Mega Millions jackpot would be after tax — the results are disappointing for winners but good news for the IRS.

In a heated exchange, CNN anchor Jake Tapper clashed with Rep. Mike Johnson, R-La., over Republican claims that new IRS funding would lead to 87,000 "agents."

This is how you can get your 2023 tax refund as soon as possible.

1st bill out of new GOP-majority House would cut $71 billion from IRS, cost $114 billion

House Republicans have began their tenure in the majority by passing a bill that would rescind nearly $71 billion that Congress had provided the IRS.

House Republicans fulfilled a key campaign promise on Monday, passing legislation to rescind the bulk of an IRS funding boost signed into law last year, marking the first bill passed by the GOP-controlled House this Congress. The bill, which is unlikely to see action in the Democratic-controlled Senate, passed in a party-line 221-210 vote on…

Inflation has a way of affecting nearly every aspect of our finances. Here are major changes to watch for in 2023.

Former President Donald Trump’s tax returns are expected to be released by the House Ways and Means Committee on Friday.

Now that the Democratic-controlled House Ways and Means Committee has voted to release former President Donald Trump’s tax returns, there's the potential of additional revelations in the coming days related to the finances of the longtime businessman.

The House has taken action after disclosures the IRS never fully reviewed Donald Trump’s tax returns during his presidency.

An IRS policy governing the audits of tax returns filed by U.S. presidents is under new scrutiny.

A congressional panel says the IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency.

Under the state’s Permanent School Fund’s Bond Guarantee Program, schools get the best interest rate on bonds. That soon may be over if the federal government doesn’t act.

A San Antonio couple was federally sentenced to prison for failing to report their income to the IRS and scheming to defraud business investors of over a million dollars, according to the Department of Justice.

Treasury Secretary Janet Yellen is laying out her vision for a modernized, responsive, tech-savvy tax collection agency equipped to manage 21st century challenges.

Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will modernize its technology, customer service and hiring.

President Joe Biden has signed Democrats’ landmark climate change and health care bill.

Democrats have pushed their landmark climate and health care bill through Congress, handing an election-year victory to President Joe Biden.

The San Antonio Taxpayer Assistance Center will be open from 9 a.m. to 4 p.m. on Saturday, May 14.

Monday is Tax Day, the federal deadline for individual tax filings and payments.

Millions of Americans wait until the last minute to file their taxes, and this year is no exception.

Monday, April 18th, is the deadline to file your taxes. Filing your taxes in the post-COVID era can be complicated and confusing.

The IRS criminal investigation arm tasked with tracking down sanctioned Russian oligarchs' property failed to receive an infusion of money in the Ukraine aid package.

You likely know what “income” means, and of course you’re aware of federal and state taxes, and the fact that we have to do them (or have them prepared for us, in some cases), every year. But how much do you know about income tax overall?

Congress is racing to pass a mammoth $1.5 trillion legislative package that would fund the government for the rest of the year.

Whether you’re new to owning your own business or a seasoned vet, taxes can be so stressful. It’s easy to overlook things or simply forget an item here and there.

Tax season is officially here, meaning you have the next couple months to get those returns filed! This year’s IRS deadline is April 18.

Alternative finance has captured the attention of investors across the U.S. As the 2022 tax season approaches, traders who are new to cryptocurrency taxation will have to contend with the IRS’ rules for reporting on taxable events.

The White House and Treasury Department launched a revamped Child Tax Credit website meant to help people who were eligible for the expanded tax credit under last year’s pandemic relief bill claim the second half of the payment they were due.

U.S. taxpayers, brace yourselves because tax filing season starts Monday and you can expect the task to be more cumbersome than usual this year.

This season, the IRS will begin accepting returns on January 24. That's about two and a half weeks before last year's start date.

New tax laws are changing the way people who use payment apps have to file their taxes.

Here’s what you need to know during tax season if you received monthly child tax credit payments in 2021

For those who plan on donating to a charitable organization for Giving Tuesday, there could be some opportunities to receive money back when filing taxes next year.

Another round of child tax credit payments from the Internal Revenue Service is set to hit accounts of qualifying families on Monday but for people who had a baby in 2021, there might not be any advance payments at all.

Don't focus on the bottom line.

What does Bitcoin have to do with roads and bridges.

The first advance child tax credit payments have barely gone out and already scammers are trying to trick parents out of their money and sensitive financial information.

A Republican senator who helped negotiate a nearly trillion-dollar bipartisan infrastructure bill says a proposal to strengthen IRS enforcement to raise money to help pay for the bill's spending is officially off the table.

Most families of children age 17 and younger will begin seeing extra money in their accounts this week as the IRS sends the first monthly child tax credit.

Vice President Kamala Harris is visiting a child care center to highlight the Biden administration’s efforts to expand child care and relieve the financial pressures of parenthood.

Republicans in Congress are alarmed by the leak of confidential IRS data to ProPublica that has enabled the investigative news organization to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times.

A U.S. tax court has handed a major victory to the estate of Michael Jackson in a years-long battle.

Financial readiness is critical before any potential natural disaster to ensure your hard-earned money, important documents and possessions are protected.

Taxes stressing you out? Community Tax can offer relief.

The meme, posted in 2018, not only gets the deadline wrong for the year it was posted, but it recently went viral, leading many on social media to believe the meme refers to this year’s tax returns.

A new scam targeting college educators and students is hitting inboxes and tricking recipients into giving up their personal information.

If you already anticipate needing some extra time to file your federal tax return, there’s some good news. You can always file for an extension.

If you grew up watching your parents get stressed around tax season, then you're probably not looking forward to filing yourself for the first time.

The Internal Revenue Service says it’s delaying the traditional tax filing deadline from April 15 until May 17. The new deadline does not apply to estimated tax payments that are due on April 15; those remain due by that day. The pandemic hit in the middle of last year’s tax filing season, setting the agency back in terms of processing. A number of lawmakers and professionals from the tax community have urged the tax filing season be extended to accommodate for these pressures. Rettig is expected to speak to the committee tomorrow about how the IRS is managing this filing season and the need for this extension.

If you're one of the many people expecting a refund from the government this tax season, hooray!

Even for those of us who think we have some knowledge about anything tax related, it can be a stressful time. And it's certainly not a time when you want to play a guessing game.

SAN ANTONIO – Like most Americans, Matthew Starcez is filing his tax return online. “We’ve been doing our taxes online for the last seven years,” he said. Even if someone steals your password, multi-factor or two-factor authentication could still stop them from getting into your account. But before you even file, security experts say it’s a good idea to make sure your sensitive online financial accounts and router are secure with strong passwords. It’s also available for Mac and Windows computers, but you may need to enable it in the security settings.