Tax season in 2025 is gearing up but Tennessee residents don't have to jump through as many hoops as those living in other states. Here's why.

Taxpayers who did not claim the Recovery Rebate Credit on their 2021 returns will receive up to $1,400 in January 2025. The IRS will distribute $2.4 billion to eligible individuals. Those who missed ...

Senator Elizabeth Warren sent an open letter to the Department of Government Efficiency (DOGE) Chair, Elon Musk, proposing ways the federal government could cut wasteful spending.

A former high-ranking Keolis employee has pleaded guilty to stealing more than $8 million intended to operate the MBTA commuter rail system and to defrauding the IRS, the U.S. Attorney said Thursday.

Taxpayers with an AGI above $84,000 can use the Free File Fillable Forms starting Jan. 27. That service is available to all ...

Scammers are exploiting the IRS's recent initiative to distribute unclaimed $1,400 Recovery Rebate Credits to eligible taxpayers.

With the January 31, 2025, tax filing deadline on the horizon, TaxBandits, an IRS-authorized e-file service provider, underscores its steadfast commitment to safeguarding tax professionals and their ...

Safeguarding against tax-related identity theft requires a proactive approach that combines enhanced security practices, fraud prevention education and better monitoring of financial accounts. Taking ...

Stay calm and read your audit letter carefully if you're being audited. Find out what steps you need to take. You have the right to get help if you need it.

Elon Musk’s Department of Government Efficiency (DOGE) has identified a new priority in its quest to slash federal spending: the humble American penny. In a post on X this Tuesday, DOGE noted that the ...

A comprehensive report by the Federation for Immigration Reform (FAIR) breaks down the cost of illegal immigration to U.S. taxpayers: $115.89 billion annually.

If you missed the stimulus checks in 2021, you might be getting one this year. The IRS is sending them to 1 million people.