As tax season unfolds, the IRS intensifies its focus on home office deductions, a common area for errors and fraud.

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

Ellis emphasizes that tax planning should be constant for small-business owners and shared some tips. Ellis said that weekly ...

The IRS has already returned more than $100 billion to US taxpayers. The average amount of money returned to individuals has ...

As the IRS tax season kicks off on January 27, 2025, understanding how to deduct medical expenses can significantly impact ...

Understanding the intricacies of requesting a tax season extension from the IRS can save you from unnecessary penalties.

The AARP Foundation Tax Aide South Bay is offering free tax preparation now through April 15 at six locations.

Our Editors’ Choice winners for tax software help you get through the filing season as painlessly as possible. Here's how ...

If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important ...

The new tax season is underway, and the Internal Revenue Service (IRS) is already processing returns that have been submitted ...

At the same time, the Internal Revenue Service is planning to close over 100 in-person Taxpayer Assistance Centers.

Maximize tax savings by understanding rental property repairs vs. improvements. Learn what qualifies for immediate deductions ...