Internal Revenue Service

The tax extension deadline is approaching. Filers have until Oct. 15, 2021, to avoid extra penalties and fees.

Two days after the child tax credit was supposed to be direct-deposited, many parents report they have not received it and have not been updated by the IRS.

The IRS sent approximately $15 billion to 35 million families as part of the third advance child tax credit. But reportedly not everyone received a deposit.

Democrats’ sweeping reconciliation package is poised to include a bipartisan initiative to prevent abuses of a tax deduction that promotes conservation.

The IRS has extended tax relief to parts of New York and New Jersey affected by Hurricane Ida.

Millions have received “math error” notices from the IRS, which can be difficult for filers to resolve. The same may occur for child tax credit recipients.

The backlog was a 3,230% increase relative to the end of 2019, according to a report issued Tuesday by a Treasury Department watchdog.

Federal unemployment programs ended this weekend, cutting benefits for millions of Americans. These other programs may help some stay afloat.

IRS chief Charles Rettig told Sen. Elizabeth Warren that relying on banks to report on their customers’ accounts could help cut the tax gap.

Millions of Americans have delayed tax refunds, and the issue may be worse for families with deceased loved ones. Here’s how one family tackled the challenge.

There are currently no comprehensive federal competency standards for tax preparers. Some industry groups hope that can be changed.

There are a few important dates and deadlines pertaining to the enhanced child tax credit that families should know about.

For 56% of families, receiving just the first monthly child tax credit payment in July reduced financial anxiety.

Federal unemployment programs will end soon, abruptly ending benefits for millions of Americans. Here are some other things that could help.

“You can’t put your head in the sand about taxes,” said Megan Gorman, attorney and managing partner at Chequers Financial Management.

The Senate’s $1 trillion bipartisan infrastructure bill calls for a crackdown on cryptocurrency tax reporting. Here’s how it may affect investors and brokers.

Millions of Americans who received unemployment compensation in 2020 were taxed on that income before it was made tax-free. Now the IRS is sending refunds.

For certain families, it makes sense to opt out of the advanced monthly child tax credit payments that began in July.

Entertainers often run into state and local income tax issues for working outside of their home state. Here’s how to avoid such problems, financial experts say.

Last week, about 35 million families with 60 million children got the first advance child tax credit payments from Washington. Roughly $15 billion was sent.