Income tax return filers have more than doubled in a decade, while collections have surged nearly fourfold. For the next fiscal, revenue is expected to reach 4% of GDP, up from 2.1% in FY16. Heres a ...

Though some social media users interpreted Elon Musk's X post as meaning the service was closed, its website remained active ...

Tax season is now in full swing and the government agency has several helpful reminders for people looking to file.

The IRS launched its Direct File pilot in 12 U.S. states in March 2024, which has now been expanded to 25 states. It allows taxpayers to submit simple tax returns directly with the government agency ...