These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.

The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the ...

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.

Don’t leave money on the table when you prepare your 2024 income taxes. We’re here to help you claim all the expenses you can ...

Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

Unemployment debt: The third type of debt that the IRS can use your tax refund to pay down, unemployment compensation debt ...

Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...

The American Opportunity Tax Credit (AOTC) offers a significant financial benefit for students in their first four years of ...

The Digital File My Return service is no longer available. To file your tax return, select one of the options listed below. There are several ways to do your taxes, including options that are free and ...

College is expensive, but there are several valuable tax breaks that can help ease the pain. You may be able to cut your tax bill by up to $2,500 if you're paying college tuition, and you may even ...

More than 6,000 IRS employees are set to be laid off with the tax-filing deadline just around ... both electronically and with a paper form 4868 – and require taxpayers to simply provide basic ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...