Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

As the 2025 tax season nears, the IRS urges taxpayers to enhance their defenses against identity theft by enrolling in the ...

Loco Motor Disability: "Loco motor disability" means disability of the bones, joints muscles leading to substantial restriction of the movement of the limbs or any form of cerebral palsy. Mental ...

Roughly 70% of taxpayers qualify for IRS Free File, but only a fraction of eligible filers use the software. For the 2025 season, you can use IRS Free File if your adjusted gross income, or AGI ...

BANGKOK, Jan 21 (Reuters) - Thailand's cabinet on Tuesday agreed to levy a carbon tax of 200 baht ($5.88) per ton of carbon emissions, a deputy finance minister said, as part of the country's ...

This year, the federal government promises a new era of easy, inexpensive tax preparation with free filing options from the Internal Revenue Service (IRS). While the ability to use online forms to ...