irs

Don’t focus on the bottom line. That’s President Joe Biden’s message for fellow Democrats about his plan to raise taxes to remake large swaths of the American economy, Biden is trying to persuade Democrats to look past specific numbers and embrace a more emotional argument that the plan is fair.

The second of six monthly installments of the enhanced child tax credit payments went out on Friday. A closer look at how the payments work, who can receive them and what to do if you haven’t received a check

The IRS is sending a second round of advanced child tax credits next week, but some families may not have received their first. Here’s what the IRS says about it.

The Justice Department says the Treasury Department must provide the House Ways and Means Committee former President Donald Trump’s tax returns, apparently ending a long legal showdown over the records

Hundreds of dollars in new child tax credits began hitting parents’ bank accounts Thursday. Here’s what it means for families who qualify.

A closer look at how the payments work, who can receive them and why some parents are opting out

Millions of American families will get their first advanced payment of the updated child tax credit from the IRS.

As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals

The richest 25 Americans pay less in tax — 15.8% of adjusted gross income — than many ordinary workers do, once you include taxes for Social Security and Medicare, the nonprofit investigative journalism organization ProPublica found

President Joe Biden and first lady Jill Biden released their 2020 taxes

President Joe Biden has released his tax returns, restoring a long-standing presidential tradition.

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.