The number of returns filed as of March 21, 2025 (the latest figures available), is down from last year by 1.1%, with 79,616,000 returns received so far. The IRS has already processed 78,675,000 of ...

Some taxpayers say they are not particularly worried about making mistakes on their taxes this year, given the widely publicized cuts at the IRS and the broader impression of a federal workforce in ...

Americans are filing returns at a slower pace than last year, though disasters could be delaying some.

Dividends are a portion of a company’s profits issued to shareholders and are taxable. Learn the dividend tax rate and what ...

Do you have altcoins or Bitcoin in your financial portfolio? Here’s everything you need to know about reporting ...

The Internal Revenue Service wants to improve the research capabilities employees have access to as they process tax returns and answer questions from taxpayers. The agency is planning a firm ...

Tax refunds are coming in smaller this year, and the drop may be due to certain family tax credits haven’t been delivered yet. The IRS reported that the average refund amount via direct deposit ...

(NEXSTAR) – The average tax refund amount is higher than it was last year at this time, according to a batch of data released by the IRS late last week. As of March 7, the IRS says it has paid ...

The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency embedded in the agency during tax filing season — aka the IRS’ busiest ...

(CNN) — The chaos at the Internal Revenue Service began almost immediately after the first envoy from the Department of Government Efficiency arrived last month at the agency’s Washington, DC ...

Finding the right software can help tax professionals streamline the tax return preparation and filing process. Selecting an IRS-approved provider of tax software for preparers in 2025 will ...

The IRS would remain fully staffed for at least five days in the event of a government shutdown, the agency said in an email Thursday to employees. “I am writing to inform you that if there is a lapse ...