A TIGTA report reveals paper returns make up just 6% of filings, but drive 72% of processing costs. Funding cuts and staffing shortages are making it worse.
The best high-yield savings accounts continue to offer up to 5.00% APY -- for now. Grab one while you can in case rates slide further.
Considering taking $10,000 out of your bank account? Here's what happens when you do it -- and why the government will find ...
Americans are being defrauded out of billions through an epidemic of romance and investment schemes and it can happen to ...
Your 401(k) doesn’t just disappear when you die. Here’s how it’s transferred, who gets it, the tax impact, and why beneficiary updates matter more than you think.
The average IRS tax refund is up 10.9% so far this season, according to early filing data. Here's what taxpayers can expect.
Early IRS data shows fewer tax returns processed and few refunds issued through Feb. 6, but the average refund amount is up. Here's what to know.
Custodial accounts are a common way for parents and grandparents to save or invest on behalf of a minor, but they often raise tax questions. The IRS generally treats the minor as the taxpayer but ...
With tax season underway, Frost Law warned people and businesses across the nation to protect themselves against a surge of scams and schemes.
A new government program offers a $1,000 match for 'Trump Accounts' for kids. Learn who qualifies and how to apply using Form 4547 this tax season.
Winning the lottery can create instant wealth, but it also introduces immediate tax considerations. U.S. tax law generally treats lottery prizes as taxable income at both the federal and, in many ...