The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

Languages: English. With the Internal Revenue Service (IRS) processing about 140 million tax returns annually and issuing refunds averaging $3,100 per filer, even minor slowdowns could affect ...

If you owe money to the Internal Revenue Service (IRS) but can't afford to pay it off immediately, that delinquent tax debt can end up having a big impact on your financial health. After all ...

Or . . . maybe not. The most noteworthy new program for free tax-prep, IRS Direct File, came under fire this week from Elon Musk, who tweeted Monday that the service had been “deleted.” ...

The Internal Revenue Service (IRS) on Friday announced details for the start of the 2025 tax filing season, which will begin in earnest later this month. Tax filing season will open on Monday ...

That program enables tax filers in 25 states, if they choose, to file their taxes for free on the IRS website, if their tax returns aren’t too complex. On Monday, in response to a follower’s ...

The IRSAC, a platform established in 1953, facilitates dialogue between IRS officials and public representatives on various tax administration issues. The council provides the IRS feedback ...

The Republican-controlled U.S. House of Representatives and Senate could spell disaster for the future of the IRS. A week before Inauguration Day, a dozen GOP lawmakers introduced the Fair Tax Act ...

Avoid the stress of a long-drawn-out tax season by starting early: The IRS Free File tax software program is open as of January 10. Millions of taxpayers can now prepare and file their taxes ...

Seventeen years after Congress enacted IRC Section 2801, the IRS (finally) released final regulations implementing the law on Jan. 10, 2025. It’s been a long wait. The regulations clarify (to a ...

The IRS expects the 2025 tax filing season, which will open Jan. 27, to build on the success of the two previous seasons, provided Congress allocates the promised funding, Commissioner Danny Werfel ...

Operating Tax Rate: 14% for the fourth quarter. Dividend Returns: Over $6 billion returned to shareholders in the form of dividends for the year. International Business Machines Corp (NYSE ...