The Internal Revenue Service reached a deal to share tax information about some immigrants without legal status, marking a major change in how tax records can be used.
Some car owners couldn't claim the EV tax credit for vehicles purchased in 2024 because dealers skipped a key sales reporting step. The IRS is now offering a fix.
The IRS says some Americans who have not filed their 2021 tax returns could be eligible for a pandemic-era relief payment, as long as they do so by April 15. Here's what to know as Tax Day approaches.
The federal EV tax credit, worth up to $7,500, saw big changes in 2024. For buyers, the credit typically became easier to get. But if their dealers skipped a step, it was a different story.
The IRS is cutting more than 6,000 jobs this week, as part of the Trump administration's downsizing of the overall federal workforce. The job cuts at the IRS come in the middle of the tax-filing season.
With tax season upon us, many people are paying someone or a software to get their tax returns done. A small group of people, however, are filing online directly with ... the IRS. For free. Today on the show: how the IRS's tax filing experiment came to be, how it's been working so far, and who doesn't like it.
April 15th, the deadline to file your income taxes, is just around the corner. Filings so far this year are on track with last year's, while the average refund is slightly larger.
The average median refund is $932 for 2020. Texas (93,400), California (88,200), Florida (53,200) and New York (51,400) have the largest amount of people potentially eligible for these refunds.
With less than a month before the tax filing deadline, the IRS says tax season is going smoothly. The agency is investing billions of dollars to improve service and beef up tax enforcement.
Charles Edward Littlejohn of Washington, D.C., gave data to The New York Times and ProPublica between 2018 and 2020 in leaks that appeared to be "unparalleled in the IRS's history," prosecutors said.
