Crucially, those already on a 10% withholding plan will not be affected by the new 100% withholding rate. However tax refund ...

and the drop may be due to certain family tax credits haven’t been delivered yet. The IRS reported that the average refund amount via direct deposit was $2,252 based on 33 million tax returns ...

The Internal Revenue Service (IRS) opened the 2025 tax season on Jan. 27, which not only means that thousands of people began filing their tax returns, but also means that scammers are actively ...

One way to recognize employees for contributing to the success of a business is to reward them with a bonus. Although bo ...

Below, we'll detail how you can calculate your Social Security tax obligations as well as some strategies to potentially reduce your tax burden. The IRS uses what's called "provisional income" to ...

Shapiro expects a significant decrease in the number of rulings the IRS can issue — and that's not the only problem. "It's significant because there's another tax bill in the works," Shapiro said.

The IRS estimates that more than 1.1 million taxpayers might have qualified for a refund in 2021 but did not file a federal ...

Watch your mailboxes and check your bank accounts: IRS refunds can be issued as early as February 18. However, most federal tax refunds take longer. The average federal tax refund was around $ ...

The IRS already got rid of nearly 7,000 trial employees as part of cost-cutting initiatives on the part of the Trump administration. About 5,000 of those were employees doing work on tax ...