The IRS said it will focus on the wealthiest individuals and organizations this year. According to the IRS, an audit is ...

The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.

Navigating the complexities of tax returns can be daunting, especially with the looming fear of an IRS audit. However, the ...

The IRS issued the 2025 depreciation limitations for passenger vehicles, including those for which bonus depreciation is applied.

A sudden drop in the number of employees at the I.R.S. could interfere with the agency’s work to process millions of ...

Having emerged from hurricanes, earthquakes and a debt crisis, Puerto Rico is coming out swinging. As one of the Caribbean’s ...

Goldstein has pleaded not guilty, hired the top crisis-PR firm to fight for his reputation, and retained two former lawyers ...

Tom Goldstein had climbed to the top of the legal profession. His SCOTUSblog was required reading in law schools. He mixed ...

Though death and taxes may be certain, investors should always seek legal ways to minimize their tax liability. Lower taxes mean higher net investment returns and higher disposable income.

The government offers retirement savers a significant tax advantage when they use certain retirement accounts. Traditional accounts allow many individuals to get deductions on contributions upfront, ...

The three-year rule could play a role in your ability to claim tax money that you're owed by the IRS. Pamela Albin Moore/ .

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...