Data shows the IRS' Direct File free tax-filing tool has helped save taxpayers money. Now lawmakers want to know why the Trump administration may soon pull the plug on the program. The Trump ...

A Senate bill would bar states from imposing tax and withholding on out-of-state workers who work for no more than 30 days within its borders. An AICPA letter described the bill as “critically ...

For most Americans, the staffing cuts will not affect the way the IRS audits their tax returns. The reason is that audits are computerized for those with simple financial situations, i.e. the ...

Even if you can’t afford to pay your full tax bill now, the IRS recommends filing anyway. The penalty for failing to file is typically much higher than the penalty for failing to pay. Paying what you ...

Penalties for inaccuracies on tax returns can be substantial. The IRS imposes an accuracy-related penalty of 20% on the portion of underpaid tax resulting from negligence or disregard of rules.

Tax Day has passed for most of the country ... WINK Security Analyst Richard Kolko shared a warning from the IRS about a potential scam involving unexpected letters claiming to relate to unclaimed ...

You don't need to be an AARP member to use the service. Since 1968, Tax-Aide has helped over 80 million taxpayers receive all the credits and deductions they're entitled to. Our volunteers are ...

President Donald Trump significantly escalated his war on higher education against Harvard University on Wednesday, telling the IRS to revoke the school’s tax exempt status. According to CNN ...