Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

The IRS is currently sitting on about $92.3 million, ready to be dispersed among 116,300 state taxpayers who have yet to file their returns for that tax year, the agency said in a news release ...

Form 5329 reports a taxpayer's use of a tax-advantaged savings plan that is subject to an IRS penalty. The form is filled out and submitted by the taxpayer with an annual Form 1040 or Form 1040-SR.

There was just one problem: The IRS didn’t have enough desks to seat them all. And so, many customer service workers learned Sunday that they would not have to return to the office on Monday ...

If you owe a lot in taxes each year, the IRS notes, you can ask your employer to withhold more tax from your earnings. You'd file a new Form W-4 with your employer. You can use a special line on ...

The phishing scam contains a fake link that mimics an official IRS website. Clicking on it could lead to malware or a fraudulent form asking for personal or financial information. Be aware that ...

Taxpayer representatives, such as attorneys and certified public accountants, can access records only if authorized via IRS Form 2848 (Power of Attorney) or IRS Form 8821 (Tax Information ...

Scammers pretending to be from the Internal Revenue Service (IRS) have been texting taxpayers ... loaded on your device or to "a fraudulent form asking for personal or financial information." ...

Thousands of workers are set to be out of a job at the IRS with just under two months left in the tax filing season. Thomas is a native of upstate New York and a graduate of the University at Albany.

The agency has begun laying off more than 6,000 new employees, sources say. The Internal Revenue Service on Thursday began laying off more than 6,000 new and newly promoted employees across the ...

Doug O’Donnell, the acting head of the IRS, is expected to announce his retirement on Tuesday amid turbulence at the tax collection agency, according to a person familiar with his plans.

The Department of Government Efficiency (DOGE), led by Elon Musk, will soon have access to an Internal Revenue Service (IRS) system that contains sensitive taxpayer information, Fox News has learned.