irs

In the last decade, your chances of getting audited have shrunk from slim to virtually none.

A U.S. tax court has handed a major victory to the estate of Michael Jackson in a years-long battle

The Internal Revenue Service has issued a warning about a phishing scam targeting students and staff at colleges and universities

Massachusetts is pushing back its tax filing deadline to match up with a decision by the federal government to move the federal deadline from April 15 to May 17 this year. Massachusetts taxpayers do not need to file any forms or contact the Department of Revenue directly to qualify for the automatic state tax extension. All Massachusetts taxpayers who received…

The IRS has postponed the tax filing deadline. But that only applies to federal payments, which raises the question, will Massachusetts move the deadline for state taxes as well? The federal agency announced Wednesday that it would move the deadline from April 15 to May 17 in order to give taxpayers more time to file tax returns and settle bills….

Tax filing season will start a bit later and look a bit different this year.

Tax season is here! How does a year of stimulus checks, unemployment payments and working from home play into things? If you’re one of the millions of Americans who collected unemployment in 2020, it is taxable. Richard Rothbell of Nashua, New Hampshire, did not withhold taxes from his benefits. “I wanted to get as much money as I could out…

Tax season is only a couple of weeks away — the Internal Revenue Service will begin accepting and processing 2020 tax year returns on Feb. 12 and they want you to be aware of scammers. Filing your taxes early may get you a refund faster, but it also puts you ahead of the criminals. Stolen identity refund fraud happens when…

The IRS in Boston is warning taxpayers about a new wave of coronavirus related scams as stimulus payments are being delivered.

Stimulus checks may also be delayed for taxpayers who used refund transfer services, where a temporary bank account was established in their name when their 2019 tax return was filed.

The second round of coronavirus stimulus payments is being distributed, but if you haven’t received it, there’s some information to know.

The controversy over Prince’s estate is heating up again after the Internal Revenue Service said administrators have undervalued it by 50%, or about $80 million

Congress just passed a nearly $1 trillion COVID-19 relief bill. Will you get a check? Here is everything you need to know.

The Justice Department is investigating the finances of President-elect Joe Biden’s son, including scrutinizing some of his Chinese business dealings and other transactions

It’s the time of year to start thinking about taxes — but the upcoming filing season is going to be a bit trickier for many Americans due to rampant unemployment, working from home and general upheaval due to COVID-19.

A U.S. judge says the IRS can’t keep withholding coronavirus relief payments from incarcerated people, potentially clearing the way for at least 80,000 checks totaling more than $100 million to be sent to people behind bars in the United States. The ruling gives the IRS until Oct. 24 to reconsider the payments for those who were denied or had their...

The massive losses Donald Trump claimed on tax returns were reportedly due at least in part to huge deductions he took against income his businesses had before and after he became president

CPA and TurboTax expert Lisa Greene-Lewis answers questions for those stragglers who waited until the very last second to file their federal income taxes.

If you still haven’t filed your taxes, you’re not alone. Each year, millions of Americans hold off on filing until the very last minute. This year, Tax Day is extended to July 15 from the usual mid-April deadline, so now is the time to figure out what you need to do. If you have yet to file, or if you’ve...

The Internal Revenue Service is canceling over 1.1 million coronavirus stimulus checks it sent to deceased Americans in April.