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Explaining the child tax credit with the ‘Give me my money' TikTok challenge
Will the IRS “give you your money!?” Watch this explainer to see if you will qualify for the federal child tax credit.
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Treasury proposes rule to prevent large corporations from evading income taxes
The Biden administration has proposed a new rule that would require the largest U.S. companies to pay at least 15% of their profits in taxes.
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The IRS has a method of ‘last resort' to collect overdue taxes: Revoking your passport
The State Department can deny a passport application or revoke an active passport if the IRS certifies a tax debt as “seriously delinquent.”
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Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge's decision
Coca-Cola Co. says it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a federal tax court decision in a case dating back 17 years.
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IRS collects milestone $1 billion in back taxes from high-wealth cheats
The milestone is meant to showcase how the agency is making use of the money it received as part of the Biden administration’s Inflation Reduction Act. It comes as Republicans threatened cuts to the IRS.
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IRS has taken nearly 2 years to help tax identity theft victims get their refunds
Tax identity theft victims are waiting nearly two years for resolution and refunds from the IRS. But the agency is working on improvements.
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IRS unveils plan to end another major tax loophole for the wealthy and raise $50 billion in the process
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
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These tax strategies can be a ‘silver lining' after a prolonged job layoff, advisor says
You could leverage tax planning strategies after unemployment if your income is lower in 2024, experts say. Here’s what to know.
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IRS announces Direct File as permanent free tax-filing option starting next year
The IRS announced that Direct File, a free tax-filing option for simplified tax returns, will be a permanent option starting next year.
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Gas tax alternative: Caltrans pilot program will charge drivers per mile
A pilot program aims to find new ways for the state to pay for road maintenance by charging drivers for the amount of miles driven.
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Caltrans pilot program will charge drivers per mile
A pilot program aims to find new ways for the state to pay for road maintenance by charging drivers for the amount of miles driven. Marianne Favro reports.
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It's Tax Day. And your refund may be larger than usual this year
On this Tax Day, refunds are looking a bit bigger for taxpayers.
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IRS: You have ‘options' if you can't pay your taxes by the April 15 deadline
If you can’t pay your taxes by April 15, you have “options,” according to the IRS. Here’s what to know about payment plans.
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How to get free, face-to-face tax help this Weekend
Income tax returns are due Monday. If you have questions, the IRS will open its doors for special Saturday hours. Consumer Investigator Chris Chmura shows you where and what to expect.
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Got kids? Here's what to know about filing your 2023 taxes
Tax pros say there are a few tips parents should keep in mind when filing their tax returns this year.
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Tax tips for college students and their parents
There are lots of things college students and their parents should keep in mind before filing their taxes.
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Today is Tax Day. What happens if you don't file your taxes or file late?
Will the IRS fine you? Here’s what could happen if you fail to file your taxes by April 15 and how to request an extension.
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IRS adds ‘important update' for free Direct File pilot as federal tax deadline approaches
With one week until the tax deadline, the IRS has added an “important update” for Direct File, the agency’s free tax filing program. Here’s what to know.
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What happens if you miss the tax filing deadline?
The IRS provides some options if you are unable to file your tax return on time.
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Here's how to protect yourself from common scams this tax season
Scammers look for ways to trick people into giving them money year-round, but tax season can be particularly fraught. What you need to know.