Yes, you’ve seen this movie before. A potential government shutdown looms this Saturday if Congress fails to pass a spending ...

Read more: Could Musk's DOGE layoffs hurt the IRS's fight against fraud? Below are some of the latest moves out of the IRS impacting the 2025 tax season and what accounting professionals need to know.

You can protect yourself from many tax-related scams by knowing how the IRS will or won’t communicate with you.

The IRS has returned $145 billion since the start of the current tax season, a 7.2% increase from this time in 2024. The average individual refund is also larger: In the sixth week of tax season ...

Almost half of people polled by McAfee say they or someone they know has received a text or phone call from a scammer ...

Just one month remains in the 2025 tax filing season before the April 15 deadline. As of March 7, the Internal Revenue Service (IRS) has received fewer returns than in the same period in 2024 ...

Tax deductions help keep money in your pocket. When it’s time to file your return, there’s typically two ways to take them – the standard deduction, a single, fixed amount the IRS lets you ...

More tax season: Can't wait for the biggest payday ... Tax professionals are once again warned that they're being targeted by crooks and con artists. The fake emails or texts are designed to ...

Last tax season, the average tax refund was over $3,000. In fact, IRS latest filing statistics for week ending March 7, 2025 reports that refunds are up 5.7% over last year with an average refund ...

With the 2025 tax season is in full swing ... this taxpayer didn't report everything. Again, that minimizes the risk of penalty assessment, uh, and that will minimize how much interest you ...

PHOENIX — As tax season commences, creating a tax plan is important in order to maximize the most money in any returns you receive. Having a tax plan is important to getting your financials in ...

It's that time of the year again, when advisors reach out to clients and help work through their tax planning. And while it's a rare client who takes pleasure in talking tax, one leading female ...