Making it to the half-century mark should come with certain rewards, and the IRS is ready to hand them out. Once you turn 50 years old you begin to qualify for certain tax breaks that younger ...

Tax season is upon us — whether we want it to be or not. The Internal Revenue Service estimates more than 168 million individual tax returns will be filed this year. Here's six questions you may have ...

It's almost time to file your federal tax return and there are a handful of changes you need to know about, including steps you need to take regarding child tax credit payments. The deadline to file ...

BUFFALO, N.Y. (WKBW) — 2022 is known as the year of the great reset. The tax season will look different than last tax years but will look a lot different than 2021's tax year. For starters, many can ...

Estimates of federal revenue forgone due to the tax exemptions of U.S. nonprofit hospitals relative to the community benefits ...

Did you know you might be able to deduct a swimming pool, dead-beat friend debt, and cat food on your taxes? Those are just the start of some creative deductions you might be able to add to your 2022 ...

Welcome to the Tax Policy Center’s annual Lump of Coal Awards for the worst tax ideas of 2022. Since it was an election year in the US and elsewhere and a year of eventful tax legislation, we were ...

NORTHBOOK, Ill.--(BUSINESS WIRE)--Taxpayers may get lower refunds this year, but that’s not stopping scammers from trying to steal them. Allstate Identity Protection is reporting a 68% spike in tax ...

Millions of U.S. taxpayers could receive a shock when they see their 2023 tax refunds due to the expiration of many pandemic benefits that lawmakers had designed to help Americans weather the crisis.