IRS data shows another dip in filings—a trend that hasn’t changed since the beginning of the tax filing season.
It may be tempting to skip filing due to the overwhelmed IRS, but doing so could have financial and legal consequences.
US income taxes are due in a little over two weeks, and means millions of taxpayers have already filed their tax return and ...
IRS issued new statistics for the filing season, as of March 14. Total tax refunds hit nearly $163 billion for the first ...
The number of returns filed as of March 21, 2025 (the latest figures available), is down from last year by 1.1%, with 79,616,000 returns received so far. The IRS has already processed 78,675,000 of ...
There were concerns that the IRS employee layoffs earlier this year would impact the rate at which refunds could be processed ...
Individuals who earn $67,000 or less, people with disabilities, those with limited English proficiency, and taxpayers aged 60 ...
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IRS braces for $500bn drop in revenue as taxpayers skip filings in wake of DOGE cuts at agencyThe newspaper said it spoke with officials who shared nonpublic IRS data. To put the $500 billion in context ... Taxpayers in ...
The Trump administration is challenging a longstanding firewall around taxpayer data so addresses can be shared and used in deportations.
The plan may result in a short-term increase in arrests for the White House to tout, but former and current government ...
This week, on Tax Breaks, Forbes Senior Writer Kelly Phillips Erb explores the end of tax season, U.S. companies receiving a ...
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