The tax collector pledged to do more audits of rich people and businesses under former President Joe Biden's administration - but for most others, the chances of an audit were already quite low. The ...

Before pressing send to file your federal or state tax returns electronically, or pop the paper returns into the mail, read ...

Issues that can cause your refund to be delayed, according to the IRS include: If the taxpayer claims certain credits, like the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit ...

IRS data shows another dip in filings—a trend that hasn’t changed since the beginning of the tax filing season. The IRS began accepting returns on January 27, 2025, and expects to receive 140 ...

One that fit the bill was the earned-income tax credit (EITC), a refundable credit that rises with earnings before phasing out. The EITC is one of the government's largest antipoverty programs.

If you lose your job, you may be eligible to collect unemployment benefits. Each state manages its own unemployment insurance program and pays its own benefits—those benefits are taxable for ...