However, the number of total refunds issued is down 5.1%. The IRS notes that current data does not include tax return stats ...
VITA is a free national service that provides low to moderate-income individuals with assistance from trained preparers to ...
A recent federal court ruling (Kwong) may let some taxpayers seek refunds of IRS penalties and missed refund interest, mainly ...
“Currently Not Collectible status is more like a pause button than a resolution,” said a spokesperson for Clear Start Tax. “The IRS continues monitoring income, bank activity, and filing compliance.
Many teens and full-time students who work summer jobs or part-time gigs have relatively modest incomes that don’t require filing. For the 2025 tax year, the standard deduction for a single filer is ...
The agency is using real-world profit data to challenge how big companies value offshore intellectual property.
Operating a business on the side can give you valuable tax deductions as well as extra income. However, the Internal Revenue ...
Income Increases and Outdated Withholding May Leave Filers Owing More to the IRS This Tax Season IRVINE, CALIFORNIA / ...
Heading into tax season, the Internal Revenue Service (IRS) has been telling Americans that they can expect significantly larger tax returns this season thanks to some recent changes to the tax code.