Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The IRS started accepting 2024 tax returns on Jan. 27, and the agency posted the first statistics from tax season 2025 last ...

While it's common for people to carry debt, if you aren't keeping up payments on it, you can be subject to wage garnishment, ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

Receiving a tax refund is one of the most anticipated events of the financial year. It is an opportunity to strengthen one's ...

Mistakes on your tax returns can cost you time and money. Errors can lead to delays in tax refunds. Certain mistakes can even turn a refund into an unexpected tax bill. To help taxpayers avoid such ...

The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the federal deadline. The ...

Most W2 forms have been sent out from employers ahead of the tax season filing date. The deadline to file your 2024 return is ...

Taxes filed online should receive a refund in about a month or less from the filing date, according to the IRS. The agency ...

Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...

If the IRS experiences staff shortages, the ability to process returns as quickly as in previous years could be in jeopardy.

According to a study conducted and published by GoBankingRates.com, the average refund issued in the Keystone State — as ...