More than 100,000 taxpayers had their personal tax information stolen from an IRS website as part of an elaborate scheme to claim fraudulent tax refunds.
A government watchdog says the IRS issued $5.6 billion in potentially bogus education tax credits in a single year.
The IRS' overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services.
Tax planning is likely the last thing on your mind on April 16, but a few simple moves are smart to make to improve your finances next year.
On Tax Day, many post office hours are extended to help last-minute filers. Here's a roundup for every state and the District of Columbia.
A tax audit isn't the end of the world, but it can be a lot more difficult that it should if you go in angry, disorganized and alone.
If you have at least $600 worth of forgiven or canceled debt, expect to be taxed by Uncle Sam.
Cash-strapped Americans anxious for tax refunds are increasingly turning to payment advances, prepaid cards or other costly services when getting tax help.
You could face a 50 percent penalty if you don't comply with this often-overlooked rule involving required minimum distributions from 401(k)s and IRAs.
Federal agencies set a new record for improper payments last year, shelling out $125 billion in questionable benefits after years of declines.
Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail time as part of a nationwide scam.
The IRS says budget cuts forced the agency to reduce the number of tax audits last year to the lowest level in a decade.
If you make purchases with Bitcoins, you may face a tax accounting nightmare. And good luck estimating your quarterly payments if you're paid in Bitcoins.
If you signed up for health insurance under the Affordable Care Act, and had a major life change or earned more than expected in 2014, you may owe money.
If you live with someone, he or she might qualify as a dependent on your income taxes. Read on for how the IRS defines this situation.
There are several requirements your workspace must meet to be considered a legitimate home office. Here are tips on how to claim an home-office deduction.
Seniors have a higher standard deduction, and a lower threshold on deducting medical expenses. And donations through your IRA may be a good idea, tax-wise.
Everybody makes mistakes, but when it comes to income taxes, those mistakes can result in extra time, stress and expense.
Not being able to rely on IRS help is a burden for many taxpayers. But with these alternative resources, you can get the tax help you need.
Donations made to charitable organizations can reduce your overall tax bill. But it's not as cut and dry as you might think. Here's what you need to know.
The Affordable Care Act will bring a new twist to tax-filing in 2015, a year in which much else will seem familiar when you're working on your return.
With tax season coming up the Treasury has renewed its warnings about the tax collection scam, one of the largest in the country. Here's how it works.
All employees should get W-2s from their employers. Here's how to understand all the numbers of those boxes to correctly file your taxes.
The IRS is cutting taxpayer services just as President Barack Obama's health law is making filing a tax return more complicated.