Fees have climbed as much as 40% over the past five years as accounting firms struggle to hire fresh talent and tax laws ...

A Southern California man pleaded guilty to defrauding millions of dollars from clients and evading more than $1 million in taxes. Frank Seung Noah, 64, of Corona, is a customs broker who works ...

As the 2025 tax season approaches, taxpayers should brace for new developments and potential challenges. While timely refunds are anticipated, understanding changes like the new IRS 'Direct File' ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does that mean for refunds?

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

Kerala Finance Minister KN Balagopal began his budget speech on Friday, February 7, by declaring the state had “overcome the ...

The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues a 1099-INT form if you earned at least $10 in interest in the previous tax year. Some ...

The Minnesota Department of Revenue will open the state individual income tax filing season Jan. 28. For Minnesotans’ benefit and convenience, this date matches the opening day for the ...

The court ruled that the reassessment notice was invalid, emphasizing that once an authority determines that reassessment is unnecessary, it cannot reverse its decision arbitrarily without a valid ...

President Donald Trump’s MAGA plan to gut America’s low-cost, high-impact foreign assistance programs to help fund tax cuts ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...