If you underpaid your 2024 taxes, you may be in for an unwelcome surprise, including a 0.5% monthly failure-to-pay penalty ...

We asked financial professionals what they are telling clients about filing their returns this year and mitigating tax bills ...

In Michigan, 153 probationary IRS employees represented by the union have lost their jobs so far, according to the National ...

Cutting IRS staffing in half over the next 10 months would mean less help and longer waits for many US taxpayers and increase ...

Navigating tax season can be daunting, especially with the looming presence of the IRS and its authority to pursue unpaid ...