Tax refunds are higher so far this year. Here's the average amount.
After almost one month of tax filing, Americans are seeing bigger tax refunds, according to IRS data. Here's what to expect.
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After almost one month of tax filing, Americans are seeing bigger tax refunds, according to IRS data. Here's what to expect.
The IRS says tax revenues will rise by as much as $561 billion over the next decade due to funding from the Inflation Reduction Act.
The IRS opened for filing on January 29. Here's what to expect with your tax refund, from how much you'll get to when you'll get it.
The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.
The IRS is rolling out new income thresholds for its seven tax brackets, boosting the limits to reflect inflation this year.
The IRS is set to announce new tax bracket thresholds for the 2024 tax year. One expert says to expect a 5.4% increase from last year.
Californians who live in counties that were affected by the winter storm's are getting another extension on their 2022 federal taxes.
Americans owe the IRS $688 billion in unpaid taxes, underscoring need for more audits, said IRS Commissioner.
The IRS is showcasing its new capability to audit high-income tax dodgers aggressively as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency.
A report from Democratic lawmakers alleges that tax-prep companies shared people's income and other sensitive data with big tech firms.
An Irvine man pleaded guilty to participating in a multi-million-dollar kickback scheme targeting San Francisco-based Williams Sonoma, according to an announcement Tuesday from the U.S. Attorney's Office and the IRS.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
A Fresno tax preparer and former employee of the Internal Revenue Service was found guilty Thursday of filing false and fraudulent tax returns for clients and for herself.
The documents contain details that were not previously public, such as loans he gave to his children, income from book royalties and Melania's modeling, and how much of his presidential salary was given to charity.
Treasury and IRS officials have said they want to put an end to poor customer service.
Tax agency wants to avoid "bracket creep," or when workers get pushed into higher tax brackets due to inflation.
Case of Robert Brockman shows it's "shockingly easy" to avoid foreign-reporting laws, report finds.
Money is tight and scammers are taking advantage of that. The Federal Trade Commission says Americans lost $5.8 billion to fraud, with many criminals posing as the Internal Revenue Service. CBS News reporter Jill Schlesinger has the best ways to protect yourself.
The Internal Revenue Service is halting a plan that would have required taxpayers to verify their identities with facial recognition software before signing on to its website following backlash from lawmakers and privacy groups.
Tax season is looking very different this year. The high rate of omicron infections isn't helping and staffing issues are plaguing the Internal Revenue Service.
The first round of advance Child Tax Credit payments went out to parents on July 15, but some payments have been delayed or were inaccurate.
Looking to increase health insurance coverage among low-income and undocumented families, California legislators proposed making the state the first to let adult children add their parents as dependents to their health insurance plans.
California Gov. Gavin Newsom joined six other Democratic governors on Friday in calling on Pres. Joe Biden to lift the $10,000 cap on state and local tax deductions that was a part of former Pres. Donald Trump's massive 2017 tax law.
Millions of Californians who get their EDD unemployment benefits on Bank of America debit cards have lost thousands of dollars in fraudulent transactions. Now KPIX is learning they could get hit with taxes on income they never received.
