Internal Revenue Service

Whether you take the windfall as a lump sum or an annuity, a big chunk would go to the IRS before the money even reaches your account.

If you’re missing a stimulus check, you can claim it as a credit on your upcoming tax return. But that doesn’t necessarily mean you will get a bigger refund.

Millions of stimulus payments that were erroneously sent by the IRS to closed bank accounts are being redirected to the correct accounts “in the coming days.”

The latest round of $600 stimulus checks is on the way, but possibly not for people that recently changed their bank information.

Taxpayers are increasingly frustrated that they have not received their stimulus checks and the IRS will not answer their questions.

The latest round of $600 stimulus checks is on the way, but for people that recently changed their bank information or moved, the next payment may be delayed.

On Wednesday morning, Mike Molitoris, a wealth manager in Cary, North Carolina, checked his bank account. The stimulus payment for his family was pending.

The $600 stimulus checks could arrive as early as tonight for those who have direct deposit, according to Treasury Secretary Mnuchin.

A bipartisan group of lawmakers pushed for a new coronavirus stimulus bill, which was rejected by McConnell. Experts say it falls short to help Americans need now.

Seven states established a workaround for business owners facing a $10,000 cap on state and local tax deductions. The IRS has signaled it would greenlight it.

Revelations of President Donald Trump’s near-zero federal income tax payments have underscored the ability of wealthy individuals with access to high-priced lawyers to outmatch an IRS that has long been understaffed and underfunded

The Internal Revenue Service is canceling over 1.1 million coronavirus stimulus checks it sent to deceased Americans in April.

There’s still time to submit your bank account information to the IRS to get your $1,200 stimulus payment more quickly. But that window is closing, the IRS said on Friday. Americans who qualify for a one-time payment now have until noon on Wednesday, May 13, to get their money faster by submitting their direct deposit information on the Get My Payment site. After...

Millions of Americans may have had their coronavirus stimulus payments held up by glitches if they were customers of tax preparation services, according to a new report. Here’s why those payments could have been delayed, and what one major tax preparation service is saying about the issue.

Millions of households that hustled to get their tax returns to the IRS early could be waiting until March for their refunds. If you’re claiming the additional child tax credit or the earned income tax credit, the IRS cannot issue your refund before mid-February.

As the April 18 filing deadline quickly approaches, many tax payers are looking forward to the end of tax season. But for state and federal investigators, tax fraud has quickly grown into a year-round problem with consequences for all tax payers.

Federal employees breathe a sigh of relief as the president agrees to re-open the government for three weeks but furloughed workers remain concerned as to what will happen after the three weeks are over. Damian Trujillo reports.

The public impeachment inquiry hearings that started Wednesday pit a Democratic attorney who built his reputation as a federal mob and securities fraud prosecutor against a GOP House Oversight investigator who helped steer some of the most notable probes of the Obama administration. The two attorneys with shiny resumes are hardly household names. Now, Daniel Goldman and Steve Castor find...

The IRS released the federal tax rates and income brackets for 2020 on Wednesday. The seven tax rates remain unchanged, while the income limits have been adjusted for inflation. Tax rates in the U.S. are marginal, meaning that different levels of the same person’s income are taxed at different rates. If you and your spouse earn $80,000 in 2020 and...

If you asked the IRS for six more months to work on your 2018 tax return, you’re about to run out of time. This spring, about 15 million taxpayers asked the IRS for an extension on their 2018 tax return. While those filers had to pay their projected taxes by April 15, they had to until Oct. 15 to complete and submit their returns.