The deadline for filing federal tax returns for tax year 2024 is April 15, 2025. If you haven't filed yet, you might be able to do so for free online through the IRS Free File portal, which offers ...
With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to around 170 million letters that are ...
The Trump-era promise to shield service workers' tips and overtime from federal tax has finally arrived in the form of detailed Internal Revenue Service rules, and the fine print matters as much as ...
On Monday, the Internal Revenue Service opened the 2025 tax filing season and is now accepting and processing federal individual tax year 2024 returns. The IRS expects more than 140 million individual ...
The federal tax refund acts as a crucial financial reset for Americans, with expectations for larger refunds in 2026 due to ...
Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.
Direct File, the free, government-provided alternative to services like TurboTax, won't be available for the 2026 tax season, Bloomberg Tax reports. That's based on a letter sent from the Internal ...