IRS

House Judiciary Committee Chairman Rep. Jim Jordan, R-Ohio, says he may subpoena documents about the IRS' visit to journalist Matt Taibbi on "America Reports."

As with many financial products, there are tax considerations to keep in mind when it comes to life insurance.

Rep. James Comer says his committee will "get the facts for the American people" after journalist Matt Taibbi's home was visited by IRS agents.

If you’re still working on your return, here are some last-minute tax tips that could save you some money and headaches.

High-yield savings account interest doesn't come free of charge. Here's what you need to know about how it's taxed.

The IRS was silent Tuesday about how often it sends agents to people’s homes on the heels of journalist Matt Taibbi saying he received an unannounced visit.

News that an IRS agent visited journalist Matt Taibbi's home the same day he testified about the "Twitter Files" raised accusations of government intimidation.

If you’ve finally gotten your taxes filed, you’re probably ready to put it all away and move on. Have you considered which documents you should keep? And for how long?

If you're trying to figure out when your refund is landing, some steps are a giant waste of time, the IRS says.

If you used a home equity loan in 2022 you may be able to deduct the interest you paid on your taxes. Here's how.

The tax deadline is different this year, especially if you live in this state.

See if you qualify for an extension now.

Refunds are met with glee each spring, but financial pros note that it represents money you've overpaid to the government.

It's tax season and scams are on the rise. Kurt "CyberGuy" Knutsson explains how to keep your personal information safe from theft when filing income taxes.

Illinois resident Eboney McDaniel said her tax filing to the IRS each year gets rejected as the federal government insists her son is dead — even though he is not.

Most California residents are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

The IRS is specifically warning about the "dirty dozen" scams occurring during tax season. Here's what to know.

Although most taxpayers aren't audited, the IRS has tools at its disposal to catch errors and tax scofflaws.

The IRS said it can now scan information from tax returns rather than forcing employees to enter data by hand.

Three Republicans have announced their candidacies for president so far.

The tax agency is warning not to fall for social media advice to file a fake W2 in the hope of getting a big refund.

The IRS adjusted the 2023 federal income tax brackets higher based on inflation. Here's how your federal taxes may compare to 2022.

Here's everything you need to know about filing your federal income taxes in 2023.

The IRS is available on weekends to offer face-to-face tax assistance during tax season.

If you haven't filed your 2022 tax return yet, there are a few key things to know, according to tax experts.

A government watchdog warns that tax pros might not do a better job than you can — and some are straight-up fraudsters.

Here's everything you need to know about filing your federal income taxes in 2023.

The Senate Finance Committee this week voted to advance Daniel Werfel’s nomination to become IRS commissioner. Here's what to know.

A tax preparer who isn't legit may try to “ghost” you, leaving you to handle the IRS on your own.

Americans are filing their taxes earlier this year. Here's what to know about the IRS' turnaround time on your refund.

It's important to get organized with tax forms before filing your return to avoid refund delays. Here's how to know which forms you need.

Here's everything you need to know about filing your federal income taxes in 2023.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

The tax deadline is different this year, especially if you live in this state.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

Here's everything you need to know about filing your federal income taxes in 2023.

Whether you’re filing a simple or complicated tax return, it’s critical to make sure it’s accurate and complete. Here's how IRS transcripts can help.

The answer depends on what type of an employee you were last year, according to Julia Glum, a news editor at Money.

California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension.

This is how you can get your 2023 tax refund as soon as possible.

The IRS has unveiled a new option to respond to certain agency notices online. Here's what filers need to know.

Daniel Werfel, President Joe Biden's nominee to lead the IRS, answered questions before the Senate Finance Committee this week. Here's what to know.

The tax deadline is different this year, especially if you live in this state.

This is how you can get your 2023 tax refund as soon as possible.

Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.

There are higher taxable income thresholds for the 0%, 15% and 20% long-term capital gains brackets for 2023. Here's what to know.

The IRS has issued nearly 8 million tax refunds worth about $15.7 billion, as of Feb. 3. Here's the average payment.

If you grew up watching your parents get stressed around tax season, then you're probably not looking forward to filing yourself for the first time.

A tax battle is going to the United States Supreme Court as a Metro Detroit law firm called it a fight over the right to privacy, and they're taking on the IRS.

Taxpayers could save on taxes because of a higher standard deduction and more generous thresholds for each bracket.

It’s tax season, which means scammers are taking advantage of you and the IRS to take a run at your money.

A week after telling payment recipients to delay filing returns, the agency won't challenge the taxability of payments related to general welfare and disaster.

The Internal Revenue Service announced Friday that it will not impose any federal taxes on most relief checks issued by states last year.

The tax agency had previously asked taxpayers in those states to hold off on filing their returns until the issue was resolved.

The IRS on Friday issued state rebate and payment guidance for millions of filers urged to pause federal filings. Here's what taxpayers need to know.

If you received a state tax rebate or payment in 2022, it's unclear whether the funds are taxable on your federal return. Here's what to know.

The IRS says most relief checks issued by states last year won't be subject to federal taxes, providing late guidance as taxpayers have begun filing returns.

Trained program volunteers assist those who qualify with tax preparation at the United Way of Washtenaw County (UWWC) office at 2305 Platt Rd.

Tax season is here again.

If your adjusted gross income (AGI) was $73,000 or less, you can use one of the Free File IRS partner offers to file a free federal tax return. Some of the programs offer free state returns too.

Becoming a volunteer firefighter has gotten a little harder in the city of Troy after the IRS officially ruled the incentive program for the department is not an actual length of service award plan. It’s been an ongoing tax dispute for several years now.

There has been a 1099-K tax form delay and this matters if you have a side hustle.

House Republicans have began their tenure in the majority by passing a bill that would rescind nearly $71 billion that Congress had provided the IRS.

Former President Donald Trump’s tax returns are expected to be released by the House Ways and Means Committee on Friday.

Now that the Democratic-controlled House Ways and Means Committee has voted to release former President Donald Trump’s tax returns, there's the potential of additional revelations in the coming days related to the finances of the longtime businessman.

The House has taken action after disclosures the IRS never fully reviewed Donald Trump’s tax returns during his presidency.

An IRS policy governing the audits of tax returns filed by U.S. presidents is under new scrutiny.

A congressional panel says the IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency.

Fake charitable organizations are working to rip you off this holiday season, which is why the Detroit IRS investigators and the Better Business Bureau have issued a new warning.

A federal grand jury in Detroit has charged six people with drug, gun, and money laundering crimes.

A tax attorney from Oakland County who was accused of wiring $6.5 million of his client’s money to a Swiss bank account has been found not guilty of all charges.

You could be keeping more of your money next year, thanks to inflation and tax adjustments announced by the IRS for the 2023 tax year.

The feds say a truck driver from Allen Park who drove all across the country set fires along the way, causing millions of dollars of damage in an attempt for revenge.

Treasury Secretary Janet Yellen is laying out her vision for a modernized, responsive, tech-savvy tax collection agency equipped to manage 21st century challenges.

The Inflation Reduction Act provides $15 million for the IRS to study how it could create a program that allows Americans to file their taxes for free.

Crowdfunding has gained popularity, making it important to understand how it's connected to taxes and the IRS.

Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will modernize its technology, customer service and hiring.

President Joe Biden has signed Democrats’ landmark climate change and health care bill.

Democrats have pushed their landmark climate and health care bill through Congress, handing an election-year victory to President Joe Biden.

A tax attorney from Oakland County was hired by a business owner to help her settle an IRS investigation, but he convinced her she owed $6.5 million more than she actually did so he could put that money in his own Swiss bank account, federal officials said.

Former Detroit Mayor Kwame Kilpatrick’s name is back on a federal court docket after prosecutors opened an investigation into whether he’s been paying the nearly $2 million he owes to the city and the IRS.

Monday is Tax Day, the federal deadline for individual tax filings and payments.

Millions of Americans wait until the last minute to file their taxes, and this year is no exception.

Tax Day generally falls on April 15, but this year, most Americans will have to file their individual income taxes by April 18.

For those animal lovers who spend so much money on their pets and hope to recoup some of that cash spent when tax season arrives, this is the cold, hard reality: For the most part, you can’t.

The IRS criminal investigation arm tasked with tracking down sanctioned Russian oligarchs' property failed to receive an infusion of money in the Ukraine aid package.

You likely know what “income” means, and of course you’re aware of federal and state taxes, and the fact that we have to do them (or have them prepared for us, in some cases), every year. But how much do you know about income tax overall?

Congress is racing to pass a mammoth $1.5 trillion legislative package that would fund the government for the rest of the year.

Whether you’re new to owning your own business or a seasoned vet, taxes can be so stressful. It’s easy to overlook things or simply forget an item here and there.

Tax season is upon us, and you probably have some questions about filing this year.

Michigan residents waiting for their tax forms from the Michigan Unemployment Agency can now get them online.

A Dearborn husband and wife have been charged by federal officials for declaring a false bankruptcy, wrongly receiving food stamps and evading taxes, authorities said.

Tax season is officially here, meaning you have the next couple months to get those returns filed! This year’s IRS deadline is April 18.

We're sharing important information about how thieves are trying to trick you as you work to file your taxes right now.

There’s an important update for the thousands of people who took advantage of the child tax credit last year.

There’s an important update for the thousands of people who took advantage of the child tax credit last year.

It’s free money for families that need it and Detroit Mayor Mike Duggan is working to make sure Detroit residents get in on it.

Each year, tax payers get conned by tax-related schemes meant to steal money and personal information from people.

Alternative finance has captured the attention of investors across the U.S. As the 2022 tax season approaches, traders who are new to cryptocurrency taxation will have to contend with the IRS’ rules for reporting on taxable events.

The White House and Treasury Department launched a revamped Child Tax Credit website meant to help people who were eligible for the expanded tax credit under last year’s pandemic relief bill claim the second half of the payment they were due.