A new survey shows Americans want a simplified tax process but are concerned that cuts to the IRS could make refunds this tax season take longer.
Claiming theft losses has always been tricky, particularly after the Tax Cuts and Jobs Act of 2017. A new IRS chief counsel ...
Smith v. Commissioner, a pending research credit case in the United States Tax Court, presents an issue of first impression: Is a ...
The Educational Choice for Children Act of 2025 would provide donors to nonprofit groups that distribute private K-12 school vouchers with a dollar-for-dollar federal tax credit in exchange for their ...
and the drop may be due to certain family tax credits haven’t been delivered yet. The IRS reported that the average refund amount via direct deposit was $2,252 based on 33 million tax returns ...
Plus: Budget news, more shakeups at IRS, increased financial scrutiny from the government, reading your tax transcript, investing gold in your IRA, tax trivia, tax filing deadlines and more.
Why is my tax refund delayed? The IRS notes several factors that could delay your refund. There were errors on your submitted tax return You need to submit a correction to the child tax credit or ...
Holtzblatt told The Hill that the staffing reductions at the IRS send a louder message than pertains simply to government personnel, one that implicates the functioning of the tax code and U.S ...
The average tax return in 2025 is up $240 through the week ending February 21, according to IRS data (Associated Press) Now that those returns have been included in the IRS’s data, the return ...
The Internal Revenue Service (IRS) tax code is full of surprises, so there's a chance that you qualify for more savings than you realize. But with tens of thousands of pages of IRS tax regulations ...
Watch your mailboxes and check your bank accounts: IRS refunds can be issued as early as February 18. However, most federal tax refunds take longer. The average federal tax refund was around $ ...
If you already filed your return and are still waiting on your tax refund, there could be a reason why it's taking longer than expected (though the wait could be worth it as the IRS expects ...