irs

Chief Justice John Roberts has put a temporary hold on the handover of former President Donald Trump’s tax returns to a congressional committee. Roberts’ order Tuesday gives the Supreme Court time to weigh the legal issues in Trump’s emergency appeal to the high court, filed Monday.

The IRS said it has hired 4,000 new customer service workers as the agency prepares for the 2023 tax filing season.

Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year.

The IRS has revised its income tax brackets in 2023 due to inflation, which will likely reduce the amount of money you will owe in taxes.

IRS spokesperson Anthony Burke joined us to talk about the changes coming in the tax year 2023.

Taxpayers will get fatter standard deductions for 2023, and all seven federal income tax bracket levels will be revised upward as the government allows people to shield more of their money from taxation because of persistently high inflation.

The IRS has released higher federal tax brackets and standard deductions for 2023 to adjust for inflation. Here’s what filers need to know.

Along with anonymous online forums, high-ranking Republican politicians have spread falsehoods about the IRS workforce and how the newly allocated funds would be spent.

The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system.

One of Washington’s favorite punching bags, the Internal Revenue Service, may finally get the resources it’s been asking Congress for if Democrats get their economic package focused on energy and health care over the finish line. The deal worked out by Senate Majority Leader Chuck Schumer and West Virginia Sen. Joe Manchin looks to spend an extra $79.6 billion on...

With no ticket matching all six numbers drawn Tuesday night, the jackpot has surged to $630 million for Friday night’s pull.

An IRS watchdog says customer service issues are worsening at the tax-return-processing agency. A new report from the National Taxpayer Advocate says taxpayers are experiencing longer wait times on the phone, there’s an even bigger backlog of paper returns than there was a year ago, and delays in processing paper returns have been running six months to one year. The...

The 2022 tax deadline is officially here: Tuesday, April 19 is the final day to file your 2021 taxes in Massachusetts. Tax Day generally falls on April 15 but was delayed to April 18 this year because Emancipation Day, a holiday observed in Washington, D.C., was celebrated on the 15th. In Massachusetts, residents get an additional day to file their…

If you need more time to complete your 2021 returns, here’s what you need to know about requesting a tax extension, deadlines to file and how to check your refund status.

Two House committees have launched an investigation into the government’s use of facial recognition software.

Imagine a world where the government filed your taxes for you for free and all you had to do was sign off on it. This is the way it’s done in some European countries, Denmark, Sweden, Spain, the United Kingdom. It’s called Ready Return. Here in the U.S., we aren’t so lucky. Americans on average spend 13 hours and...

Only 1 out of every 225 tax returns are inspected by an IRS agent, so your odds of getting audited are low, NBCLX Political Editor Noah Pransky says. He explains how the agency has been underfunded over the past several years and why audits are more likely for low-income taxpayers.

In Denmark, the UK, Spain and elsewhere, the government fills out your tax return for you, and you only have to sign off on the information in it. But in the U.S. we often rely on private companies to help us file our taxes; according to IRS data, the average American spends 13 hours and $240 to file their taxes....

Tax Day 2022 may be the last thing you want to think about right now, but here’s one fact to put your mind at ease: You probably won’t get audited. The number of tax returns reviewed by the Internal Revenue Service (IRS) is far lower today — particularly for wealthy Americans — than it was a decade ago, according to...

Tax season is here and many people could see a delay in seeing their tax refund this year. Luckily, the IRS has an online tool called “Where’s My Refund” that helps taxpayers track the status of their tax return. Betsy Badell and Rob Michaelson explain what it does and what changes you can expect this year. Rob: Betsy, getting...