If the IRS experiences staff shortages, the ability to process returns as quickly as in previous years could be in jeopardy.

As the 2025 tax season kicks off, the IRS warns taxpayers about potential penalties of up to $5,000 for this taxpayers.

Instead, those who are most likely to evade detection are the people trying to hide their income in tax shelters, shifting ...

In early February 2025, claims emerged that the Department of Government Efficiency (DOGE) led by Elon Musk, had terminated, ...

After all, between the mounting penalties, the Internal Revenue Service (IRS) notices and the aggressive collection actions, the repercussions that come with late tax debt can take a severe toll ...

Billionaire tech mogul Elon Musk posted Monday on his social media site that he had “deleted” 18F, a government agency that ...

The Direct File program was launched to benefit over 30 million taxpayers and prompted a backlash from commercial tax prep ...

For those not covered by Direct File, there is another free option to help file your tax returns... Direct File was released last year and proved a big success but there is another system that has ...

Tax season can be stressful from gathering all the required documents to finding a trusted place to file. Here are some ...