TAX NEWS
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- The Internal Revenue Service has processed millions of tax returns, with a high percentage receiving refunds. The average refund amount has increased significantly this year. This rise is attributed …
- The battered Internal Revenue Service shed thousands of enforcement employees—and more taxpayers appear eager to cheat.
- With the tax deadline approaching, the IRS warns of a surge in sophisticated AI-enabled scams. Learn how to spot them and use a free Identity Protection PIN to secure your refund.
- In an April 2 tip, the IRS urged non-filers to see if they qualify for refundable tax credits like the EITC and Child Tax Credit. You could be owed money.
- The official announcement applies to taxpayers in 36 states, as well as the District of Columbia and Puerto Rico.
- Currently, the average refund amount is $3,521, according to the latest IRS data, which is an 11% increase from last tax year’s $3,170 average refund payment.
- The new excise tax under the One Big Beautiful Bill Act will impose new costs on remittances sent by immigrant workers to their family members abroad.
- IRS data show average tax refunds rose 11.1% this year, offering many a financial boost. How to get your refund faster and tips for using it wisely.
- As we get closer to Tax Day, new tax filing season statistics through April 3 reveal fewer returns received and processed than last year, even as refund amounts climb.
- The IRS said gig workers and other self-employed individuals can qualify for this deduction if their occupation is on the "List of Occupations that Receive Tips" and the other statutory and regulatory …