The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

If you earned at least $1 from a savings account in the last year you'll need to report that amount on your federal taxes.

If you file electronically and your return is accurate and complete, the IRS says it should take less than three weeks to receive your refund and even less time if you choose direct deposit.

Whether you're among them or just want your money, here's when you can expect your tax refund and how to track it. Should you file your your own taxes? When to consider bringing in tax pros and how to ...

Sally Anscombe / Taxi The IRS has implemented reporting ... failure-to-pay penalties, and/or interest charges. Users of P2P payment platforms should keep accurate records, separate personal ...

According to the IRS, this round of stimulus checks was established after the agency reviewed internal data showing that many eligible taxpayers who filed a 2021 tax return did not claim the ...

Tax lawyers and accountants are used to monitoring the duration of their clients’ audit exposure, and so should you. In most cases, that will be either three years or six years. But in some ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions, and for ...

If you cannot pay your balance owing, you should still file on time to avoid being charged the late-filing penalty. You can make a request to the CRA to cancel or waive penalties or interest if you ...

A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...

“We cannot exclude negative interest rates,” Swiss National Bank (SNB) Chairman Martin Schlegel told Bloomberg TV at the World Economic Forum (WEF) in Davos.