You get two more months to file the tax return if you work outside USA or serve in military or naval service on duty outside the country. However, this does not mean that you get two more months to ...

Any unused losses, though, can be carried forward to later tax years. Another way to reduce capital gains tax liabilities is to deduct as many expenses as possible. The IRS permits various deductions ...

Taking tax advice from TikTok can come back to bite you, experts say. The IRS is cracking down on "other withholding" claims.

I have a message for DOGE — let’s dismantle the Internal Revenue Service (IRS). President Trump has a mandate from ...

According to the IRS, an audit is simply a review of your accounts "to ensure information is reported correctly according to ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take ...

IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...

The U.S. Department of Homeland Security wants to deputize some Internal Revenue Service criminal investigators and other ...

President Trump's Tax Cuts and Job Act launched unprecedented prosperity and entrepreneurism for a majority of Americans, and ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...