News

Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
The Tolland man has been charged with tax and fraud offenses after he allegedly created fake trusts in order to obtain ...
Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
How to maximize your 2024 tax refund, according to a CPA 02:34. At the start of each year, the IRS announces when taxpayers can start filing their annual returns — an eagerly awaited date given ...
F or those who filed their federal tax returns electronically and opted for direct deposit between May 10 and 17, 2025, the good news is that, according to the IRS's typical schedule, you can ...
Get step-by-step instructions for how to amend a tax return using Form 1040-X, including deadlines and tips for tracking the status with the IRS.
Millions of people were entitled to exclude up to $10,200 in 2020 unemployment benefits from income. Since the change came after tax season opened, the IRS said it would auto-correct early returns.
The IRS is holding 29 million tax returns for manual processing, delaying tax refunds for many Americans, according to the National Taxpayer Advocate, ...
The IRS files an SFR when it has third-party information indicating that you received income but did not file a tax return. This information comes from forms like W-2 and 1099 .