IRS unveils option allowing online responses to 9 of its notices. ‘A step in the right direction,’ says tax pro

Hoxton/Sam Edwards | Getty Images Kicking off tax season with customer service and technology upgradeThe IRS…

IRS commissioner nominee to ‘ensure that America’s highest earners comply with tax laws.’ Here are the key takeaways from Senate hearing

Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles Rettig at a Senate Finance…

How to pay 0% capital gains taxes with a six-figure income in 2023

Vitapix | E+ | Getty Images Planning to sell some investments this year? Experts say this…

The IRS has issued nearly 8 million tax refunds. Here’s the average payment

Bill Oxford | E+ | Getty Images Tax season is underway, and the IRS has issued…

House lawmakers relaunch the SALT caucus. Here’s what to know about the $10,000 deduction limit for state and local taxes

Representative Bill Pascrell, DN.J., speaks at a news conference announcing the State and Local Tax Caucus…

Pre-tax vs. Roth 401(k): Deciding which to use for retirement is trickier than you think

Prathanchorangsak | stock | Getty Images Whether you’re starting a new job or updating retirement savings…

IRS: Residents of more than a dozen states not required to report ‘special payments’ for welfare, disaster relief on their federal returns

irs on friday released federal tax guidance For millions of Americans receiving state exemptions or payments…

Biden to revisit ‘billionaire minimum tax’ in State of the Union address

President Joe Biden delivers the State of the Union address on March 1, 2022. Win McNamee…

Don’t risk a tax audit. Here are four reasons the IRS may flag your return

dmphoto | E+ | Getty Images tax season is underway, and there’s been Increased IRS Scrutiny…

IRS about 3 to 5 times more likely to audit Black Americans’ tax returns, study finds

Jeffrey Coolidge | photodisc | Getty Images Black Americans are about three to five times more…