If your return has been selected for audit, it is essential that you understand your rights prior to any in-person review or meeting with the IRS agent.

Most taxpayers who file late in June 2025 and opt for direct deposit can expect to receive their refunds in three to five weeks, according to IRS estimates. While earlier filers saw refunds average ...

Many retirees are caught off guard by the taxation of their Social Security benefits. This article delves into the IRS ...

The Internal Revenue Service (IRS) allows taxpayers to deduct qualified medical expenses that exceed 7.5% of their adjusted gross income (AGI). This means that if your total medical expenses are ...

American seniors are heavily reliant on Social Security to make ends meet. Six in 10 retirees said their benefits are a major ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

That removed a free option from higher-income taxpayers, with Intuit’s market-leading TurboTax charging a state tax-prep fee that now stands at $64, despite the relative simplicity of the state ...

The Senate Committee on Finance has unveiled its amendments to the One Big Beautiful Bill Act, which was approved by the House of Representatives in May. It includes a proposal to "terminate" the IRS ...

AGI will experiment, synthesize and iterate without waiting for human cycles of learning or approval. This is not evolution. It is acceleration. With it comes a dangerous loss: visibility.

The second-quarter estimated tax deadline for 2025 is June 16, and making a payment could help you avoid “falling behind” on ...