The Trump administration reportedly started to lay off nearly 7,000 new workers from the IRS on Thursday, including many who ...

The IRS cautions taxpayers not to rely on receiving a refund by a certain date, especially when making major purchases or ...

States with net losses of residents are developing innovative and aggressive ways to capture tax revenue from their ...

Self-employment tax requires you to pay 15.3% of your total earnings. This tax is levied to pay into Social Security and ...

However, it observed that mere suspicion or assumption of payment could not justify an addition, especially in the absence of concrete evidence linking the amount to undisclosed income. Relying on CIT ...

Even if none of your data gets mislaid, copied or hacked, it's a good idea to store copies of some key federal records for ...

Could a 10% flat tax — based on traditional notions of tithing — bring more sanity and equity to the U.S. tax code?

A new study reveals that Donald Trump’s proposal to replace federal income taxes with tariffs could save the average American ...

The Colorado Department of Revenue announced Friday that the state has started processing income tax returns from third-party ...

Those concerns are valid according to accountants, who are strongly advising people to file early this year, as they could ...

The deadline for filing your income tax return for 2024 is approaching: Monday, April 15. Below I will discuss some details ...

Colorado's Department of Revenue has begun processing tax returns from services like TurboTax and H&R Block, following delays ...