Federal tax credits come in a number of flavors, including refundable, nonrefundable and partially refundable. Here’s what you should know heading into tax season.

The Internal Revenue Service (IRS) has warned taxpayers, as well as employers and businesses, that they may face penalties ...

U.S. taxpayers preparing to file returns for 2025 — deadline April 15, 2026 — have one fewer free option this year.

The Minnesota Department of Revenue announced that the Hennepin County Attorney’s Office recently charged Timothy Michael LaCroix and Tina LaCroix, both of Champlin, with five felony counts each of fa ...

Taxpayers have three years to claim a tax refund before the money becomes property of the U.S. Treasury, the IRS said. You ...

Social media influencers and content creators face complex tax rules, including self-employment taxes and reporting "freebies ...

The Internal Revenue Service recently urged US taxpayers to create online accounts for security, fast tax filing, and access ...

You'll be able to check the status of your 2025 income tax refund 24 hours after you e-file a current-year return; three or four days after you e-file a prior-year return; and four weeks after you ...

New tax laws, benefit questions and IRS challenges could delay your refund. How to file fast, track your money ...

The issue was whether an appeal can be dismissed outright for non-payment of advance tax. The Tribunal held that appellate authorities must first examine if advance tax was actually payable before ...

Proper use of AI and automation tools can transform tax time into a continuous, integrated, year-round process rather than a ...

The Tribunal held that cash deposits reflecting routine business transactions cannot be treated wholly as unexplained income. Only the profit element embedded in such receipts is ...