Millions of Americans are waiting for updates on a $1,390 stimulus payout that's expected to come out next month as part of a federal relief plan geared toward low and middle-income houseolds.

The student loan forgiveness tax break ends Dec. 31, 2025, meaning forgiven debt may soon be taxable again. Borrowers on ...

Managing student loans is a reality for millions, and while payments can be challenging, there's a significant tax relief ...

Americans saving for retirement will benefit from increased contribution limits for their 401(k) accounts in 2025, following a decision by the IRS. However, these adjustments come alongside the ...

The U.S. Internal Revenue Service is using billions of dollars in new funding to launch a new strategic operating plan to transform and improve is tax services over the next ten years.

The IRS failure-to-pay penalty is 0.5% of a client’s unpaid taxes for each month or part of a month that the tax remains unpaid, up to 25% of the tax due; the current IRS interest rate is 7%.

Next year, the IRS is planning to accept tax returns through the tool when the filing season opens — likely putting its planned debut close to the start of the new Trump administration, as the ...

The IRS says filings for large pass-through businesses used for the type of tax avoidance in the guidance increased 70% from 174,100 in 2010 to 297,400 in 2019.