IRS, tax

Average tax refunds so far in 2025 are up 7.5% but IRS still receiving fewer early returns
The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.
File Your Tax Return for Free: What to Know About the IRS Free File Program and Its Limitations
With the 2025 tax season underway, the IRS Free File partnership could be just what you need to get your taxes done with ease and for $0.
IRS warns of $1 billion in unclaimed Tax Refunds
The IRS has issued a crucial warning to millions of Americans: act quickly or risk losing out on $1 billion in unclaimed tax refunds from 2021. With the deadline fast approaching, taxpayers must take immediate steps to secure their refunds before they vanish.
The IRS is sitting on $92 million in unclaimed California tax returns. How to know if you qualify
A trove of cash could be forfeited if Californians fail to complete a previous year's tax return by next month, according to the Internal Revenue Service. The IRS is currently sitting on about $92.3 million,
Tax season 2025: How IRS layoffs could affect your tax return and refund
The Trump administration’s changes to the federal government could alter the tax filing process for this year’s reporting period and beyond. Reports indicate the Department of Government Efficiency has taken a long look at the IRS,
IRS Issues Advise on How Millions Can File Tax Returns for Free
More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge this year using Direct File, the Internal Revenue Service (IRS) has said. Tax season is underway, with the IRS currently accepting payments and returns for 2024. The deadline to file is April 15.
IRS Warns Taxpayers: These 7 Simple Mistakes Will Mess Up Your Returns
The simplest mistakes you can make on your tax returns are some of the most common, according to a new IRS warning.
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$1 Billion In Refunds Haven't Been Claimed, IRS Says: Here's Who's Eligible
The IRS warns that low- and moderate-income taxpayers could also be missing out on the Earned Income Tax Credit (EITC), which ...
Beware of tax scams: IRS unveils 2025 'Dirty Dozen' list to watch for
Scammers are 'relentless,' according to new IRS alert listing the 'Dirty Dozen' tax scams. Bad social media advice triggers ...
Some EV tax credits risk being rejected by IRS on 2024 returns for long list of reasons
The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...
Are you owed a tax refund from the IRS? Clock is ticking in Florida to claim $61 million
Nearly 70,000 people in Florida have left more than $61 million worth of unclaimed tax refunds on the table. Want your share of that money to move from the Internal Revenue Service into your bank ...
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Tax Refunds: 3 Ways the IRS Can Alter Yours and 2 Things You Can Change
Despite the similar-sounding names, returns and refunds are hugely different, yet hugely important aspects of the tax filing ...
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IRS warns of social media ‘tax advice’ that can lead to jail time, $5,000 fine
The "advice" calls for taxpayers to claim large income and withholding amounts in order to receive a larger tax refund.
What is Tax Liability? Understanding Your Financial Obligations
Understand what tax liability is, how it's calculated, and its impact on your finances. Learn about different types of tax ...
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South Florida tax preparer charged with $2 million IRS fraud scheme
A South Florida tax preparer appeared in federal court on Wednesday to face allegations of filing false income tax returns.