Here's how much people are getting for their tax refund
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
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Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
Taxpayers could save on taxes because of a higher standard deduction and more generous thresholds for each bracket.
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
The tax agency had previously asked taxpayers in those states to hold off on filing their returns until the issue was resolved.
"A lot of people will get their refunds and they won't get as much as anticipated," one expert said as tax season kicks off.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
The tax agency said it just finished sending the refunds to workers who paid tax on unemployment benefits that they didn't owe.
Although IRS critics raise concerns about onerous enforcement, high-income earners have little to fear, group finds.
Some of the biggest changes in at least a decade are in store as the tax agency raises the income thresholds for tax rates.
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
While many EVs qualify for tax credits under inflation bill, no cars sold today likely would get the full $7,500 rebate.
With this year's average tax refund running around $3,100, here's how to use that money to meet your financial goals.
Millions of Americans file returns after the Tax Day deadline. If you're in that group, here's what determines how much you'll owe.
As of April 9, some 50 million Americans had yet to file their returns. Here's what to do if you need more time.
The IRS estimates that more than 3 million tax returns are still being processed from 2021.
As the April 18 tax filing deadline nears, here are some tips for reducing what you owe or landing a bigger refund.
Investors should keep track of their crypto and NFT transactions for tax purposes, though there are exceptions.
Experts say there are a number of things people can do to lower the chance of getting audited by the IRS.
Depending on how much you earned last year, you may pay taxes at different rates. Here's how to find out where you fall.
A three-year window to claim the money is about to close. After that, the refunds become the property of U.S. Treasury.
The IRS is facing staff shortages and backlogs of returns — on top of recently changed tax laws that make processing returns harder.
Millions of people are waiting for the IRS to process returns from past tax filing seasons — and send their refunds.
States are cutting taxes amid booming revenue. "You can't have your cake and eat it too, but we kind of are this year," one governor said.
The tax agency says it wants to hire thousands of workers on the spot at hiring events on March 16, 23 and 30.
Taxpayers who claimed one of two tax credits are expected to get their refunds beginning this week, the IRS said.
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