The Congressional Budget Office revises downward its budget-deficit estimate and finds Obamacare will cost considerably less than expected.
The Social Security Administration has suspended a program in which thousands of people were having tax refunds seized to recoup decades-old overpayments.
Budget cuts and new responsibilities are straining the IRS's ability to police tax returns.
If you've put off doing your taxes until now, you may want to read up on the latest tax tips that can help you from joining the ranks of these tax cheats.
The IRS says it takes an average of four hours for a U.S. taxpayer to fill out their tax return, but in some countries, tax filing takes only seconds.
Your tax return doesn't have to get to the IRS by April 15, but you need to be able to show you submitted it by then. Here's how.
If you know you can't pay everything you owe the IRS, it's tempting -- but costly -- to postpone the day of reckoning. Here's what to do instead.
Filing one state tax return is bad enough, but some people have to file several. Find out if you're one of them.
The more you rush to beat the April 15 deadline to file your taxes, the more you're likely to make mistakes that can cost you a lot of money and hassle.
It's no secret that raising kids is expensive. Fortunately, parents get a little bit of financial relief every April, thanks to income tax refunds from the IRS.
American workers take barely half the paid time off they're entitled to and more than 60 percent admit to doing some work while on vacation, a report shows.
File your taxes late and you'll receive a 5 percent penalty on the amount you owe for every month you delay. Fail to file completely, and the consequences become much worse.
Last-minute filers shouldn't let the pressure to meet the April 15 IRS deadline to not follow the rules for getting an extension, taking credits and receiving refunds.
For most people, the pain of federal income taxes comes but once a year, but these excise taxes are the gifts that keep on giving (or taking) year-round.
Late hours at the post office, e-filing and an easy method to get an extension are some of the ways to reduce pressure to make the April 15 deadline for federal income taxes.
Itemized deductions can really cut your tax bill, and you know the big ones like mortgage interest. But you may not know about professional dues or safe deposit box rentals.
Every year, Americans work the equivalent of months to pay all their taxes. The Tax Foundation can tell you when you'll start keeping your earnings.
In most cases, filing jointly is the smartest move for married couples. But there are some situations in which they should consider separate returns.
Parents: Follow this advice to reduce your federal income taxes, make the filing process easier, and set up your children's financial future.