IRS audits plunge as cash-strapped agency's challenges mount

The tax collection agency is struggling with staffing issues and a meager budget

• Mar 29, 2018

6 tips for when an IRS letter lands in your mailbox

First thing is to take a deep breath and resist the urge to panic -- then follow these wise suggestions

• Mar 28, 2018

Don't have to file a tax return? Maybe you still should

The federal government might still owe you money, but the only way to get it is to claim it

• Feb 27, 2018

How much do the 1, .01 and .001 percent really earn?

Income for the 1.4 million Americans in this elite group is shooting up much faster than for most people

• Feb 27, 2018

Questions on your 1040? Here's where to turn for tax help

On President's Day weekend, taxpayers often flood the IRS with phone calls, but there are other places to get help

• Feb 19, 2018

Why you should start preparing your taxes now

Waiting until the April 17 filing deadline may raise the risk of unwelcome surprises

• Feb 19, 2018

Refunds at risk: Tax scam is getting worse

Cybercriminals using purloined Social Security numbers, banking and other consumer data to steal taxpayer refunds

• Feb 15, 2018

With new GOP law on tax deductions, family frets over financial security

New GOP tax law puts a $10,000 cap on state and local tax deductions

• Feb 7, 2018

IRS warns tax preparers about a new refund scam

The agency has spotted a con that apparently uses taxpayer info obtained from the preparers' computers

• Feb 6, 2018

These tax credits could delay your refund

Taxpayers who claim them won't see the same speedy processing of their returns that the IRS gives everyone else

• Feb 1, 2018

Calendar: Week of January 29

From President Trump's State of the Union address to Groundhog Day, "Sunday Morning" takes a look at some notable events of the week ahead

• Jan 28, 2018

Bitcoin profits and the IRS

While you can't use a cryptocurrency to pay your tax bill, the IRS does have rules that treat transactions with one

• Jan 16, 2018

Are you ready for a "self-directed" IRA?

These tax-advantaged retirement accounts allow you to put real estate or other assets in them, but beware of pitfalls

• Jan 10, 2018

Should you prepay your 2018 property taxes?

Starting Jan. 1 under the new tax law, state and local tax deductions will be capped at $10,000

• Dec 28, 2017

Charitable giving to take a hit from the tax law

With the standard deduction doubled, many middle-income Americans will have little tax incentive to donate

• Dec 28, 2017

5/13: Philadelphia abortion doctor guilty of murder; Cleveland officer, dispatcher describe discovery of missing women

Dr. Kermit Gosnell left the courthouse a convicted murderer, in a prison jumpsuit and handcuffs. Prosecutors said Gosnell delivered babies alive, then cut their spinal cords with scissors. He could learn next week if he'll get the death penalty or life in prison; also, as executive director of the Richmond, Va., Tea Party, Laurence Nordvig says he thought for two years the tea party had been singled out by the IRS for an unusual and highly political investigation; and a Cleveland police officer and a police dispatcher describe the discovery of Amanda Berry, Michelle Knight and Gina DeJesus inside the Cleveland horror house.

• May 13, 2013

Holiday bonus? Here's how to minimize tax hit

Before deciding how to spend your reward, consider the tax impact now -- and prevent any nasty surprises next April

• Nov 27, 2017

It's time to use -- or lose -- your 2017 FSA money

As the typical annual deadline for spending this pretax money nears, here’s what you need to keep in mind

• Nov 20, 2017

DOJ announces settlement with Tea Party groups

The groups' applications for tax-exempt status had been unfairly delayed by the IRS because their applications had "Tea Party" or "Patriots" in the title

• Oct 26, 2017

IRS suspends contract with Equifax after malware discovered

Tax agency faces mounting pressure to cut ties with credit reporting company following latest security flaw

• Oct 12, 2017

Senators express shock at Equifax's IRS contract

Says one: "To many Americans right now, that looks like we're giving Lindsay Lohan the keys to the mini-bar"

• Oct 4, 2017

IRS hires Equifax despite massive data breach

Credit reporting company gets federal contract despite hack that exposed info belonging to more than 145 Americans

• Oct 3, 2017

How the "kiddie tax" can bite when giving money to children

This additional tax can pop up when unsuspecting parents help their kids get a head start on investing

• Sep 22, 2017

How the IRS decides if you have a business or a hobby

The benefits stemming from a legitimate business can be significant, but first you have to convince the taxman

• Sep 18, 2017

How to protect yourself from a tax-cheating spouse

You could easily end up in hot water with the IRS, but you can get relief from any tax due or penalties

• Sep 14, 2017

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