Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for ...

Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

Immigrant tax filers face a harsher tax code than citizens in some important respects. Sweeping tax legislation recently ...

Millions still waiting on IRS tax refunds in May 2025. Here are four common reasons for the delay and how to fix them.

The tax provisions of the House Republican reconciliation bill double down on the failures of the 2017 tax law, which was ...

The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper payment rates to less than 10%.

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

The ill effects on finances as a result of divorce due to child support, alimony, reduction in income, Being financially ...

Tax filing deadline looms for one group of U.S. taxpayers -- those who are U.S. citizens or resident aliens now working or ...

Through Feb. 14, the average had been just $2,169, but has increased dramatically now that the IRS has begun issuing refunds to taxpayers who claimed the Earned Income Tax Credit or Additional ...

Both the House and Senate versions are structured as deductions, not full exclusions of tips from taxable income. So, workers ...