The number of returns filed as of March 21, 2025 (the latest figures available), is down from last year by 1.1%, with 79,616,000 returns received so far. The IRS has already processed 78,675,000 of ...

Although tax season can cause some stress for some taxpayers, the reward comes when they receive their refunds. Many people ...

Tax season began on Jan. 27, 2025, and the last day to file without facing penalties is April 15, 2025. The IRS says the numbers should level out as more returns come in. "[We expect] the tax ...

The Offer in Compromise program allows qualifying taxpayers to settle their tax debt for less than the full amount owed. This option has become more accessible in 2025, with the IRS adopting more ...

As farms continue to get large and the value of farm machinery increases as well, the impacts on first year depreciation ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Giselle M. Cancio has over 10 years of editorial experience ...

As the April 15 deadline for IRS tax filing nears, thousands flock to the agency's website to check their refund status. The 2025 filing season for 2024 returns began on January 27, with an ...

The IRS marks 50 years of the Earned Income Tax Credit, which helps millions of working families. Learn how to qualify and claim it.

When is deadline to file income tax forms in 2025? The deadline for paying taxes is midnight on April 15 in the time zone you're in. If you file via mail, the IRS will consider your return filed ...