In a move to make payments more efficient and to reduce the risk of fraud, the federal government is changing both how they receive taxpayers’ payments as well as how they make payments to others.

The IRS introduces Schedule 1-A for 2025, letting you deduct qualified tips, overtime pay, vehicle loan interest, and ...

A new form with the Internal Revenue Service would allow taxpayers to claim deductions on cash tips they’ve earned throughout ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...

There are several ways to pay the IRS if you owe, but just because you can pay taxes over time doesn’t always mean you should.

The IRS will phase out the use of paper checks for refunds beginning Sept. 30 and will publish detailed guidance later.

Freelancers making $5,000 from third-party payment apps will be required to report it on their taxes. The Internal Revenue Service (IRS) now requires freelancers to report payments of $5,000 and up ...

The Internal Revenue Service (IRS) has recently announced a pivotal change that will impact the tax filings of millions of ...

Filing IRS Form 4868 gives you an automatic six-month extension to file your tax return. You can request an extension for free, but you still need to pay taxes owed by Tax Day. Many, or all, of the ...

Learn how to fix errors, report missing forms, and stay compliant with the IRS before filing your 2024 tax return.

The Internal Revenue Service is no longer issuing paper tax refunds after September, according to a news release published by the department. On Sept. 23, the agency said it will transition to fully ...