taxes

President Joe Biden’s son, Hunter Biden, sued the IRS on Monday, alleging that the agency illegally released his private tax records.

The IRS will offer digital correspondence for the 2024 season and aims to provide “paperless processing” for tax returns in 2025. Here’s what to know.

To determine the ranking, Vacasa analyzed home sales, vacation rental performance data from the last 12 months and more.

The IRS has ended most unannounced visits to homes or businesses for unpaid taxes. Here’s what taxpayers need to know.

The Powerball jackpot has grown to $900 million. Here’s what the winner can expect to pay in taxes.

The IRS is showcasing its new capability to aggressively audit high-income tax dodgers as it makes the case for sustained funding and tries to avoid budget cuts sought by Republicans who want to gut the agency. IRS leaders have laid out how they netted $38 million in delinquent taxes from more than 175 high-income taxpayers in the past few months....

H&R Block, TaxAct and TaxSlayer sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over the course of at least two years, a group of congressional Democrats reported on Wednesday.

Sen. Joe Manchin, D-W.Va., has repeatedly been late to pay taxes on personal property items and real estate in recent years, records reviewed by NBC News showed.

College is a major expense for many families, but a payment strategy can provide significant tax savings, according to a college funding expert.

More taxpayers will receive Form 1099-K from apps such as Venmo and PayPal for 2023. Here’s how to prepare for next year’s taxes.

The IRS is planning to launch a pilot program for a government-run, online tax filing system that’s free for all.

Over four million people are eligible to claim cash from TurboTax’s $141 million settlement. Here’s how to see if you’re eligible to get money.

If you plan to mail your return in-person instead of filing online, double-check their hours ahead of time.

The deadline to file your taxes is fast approaching. If you are worried that you might not have enough time to file your taxes before the deadline, you can file for an extension.

If you can’t pay your taxes by April 18, you may have more options than you expect, according to tax experts. Here are some choices to consider.

As part of Financial Literacy Month, CNBC wants to help you take charge of your financial future. You can start by testing your tax knowledge here.

Your chances of getting audited are slim, but here are some signs you can look out for.

The deadline to file a federal tax return is April 18. Here’s what late filers should know as the date approaches.

While the chances of an IRS audit are usually slim, certain items on your tax return may trigger a red flag at the federal agency, according to tax experts.

Nationwide, states’ total financial balances reached a record $343 billion at the end of their 2022 fiscal years — up 42% from the previous year, according to a recent report by The Pew Charitable Trusts.