When you borrow money from a 401k, investments in your 401k account are sold so cash can be distributed to you upfront.

As the 2025 tax season approaches, taxpayers should brace for new developments and potential challenges. While timely refunds ...

Sunita Kejriwal, a former 1994-batch IRS officer, served in the Income Tax department for over 22 years before taking ...

Jeffrey Richard, owner of Black Bear Industrial Inc. is to spend a year in federal prison and pay nearly $1 million in restitution.

Internal Revenue Service certified volunteers with Community Partnership of the Ozarks are assisting taxpayers with filing this season.

Early filing data suggests a slow start to the filing season, with a nearly 14% downturn in tax returns received compared to ...

A former Massachusetts state senator was sentenced Friday to 18 months in prison for scheming to defraud the state Department of Unemployment Assistance and collecting income that he failed to report ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does that mean for refunds?

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

It’s tax season, and scammers know this is an excellent time of year to strike. Swindlers will pose as tax preparers and IRS agents to steal your refund and identity.

Last year the Internal Revenue Service launched a program that allowed some tax filers to file their returns directly to the ...

The IRS has kicked off the tax season, offering tools like Free File to simplify the process. With the April 15 deadline ...