The majority of individual taxpayers in the U.S. are eligible to file their taxes for free, yet many may be unaware or confused by how to do so.

Having a new baby can not only change your sleep patterns, it can also change how you file your taxes.

Tax season has just started, but you can still find opportunities to cut your 2019 taxes if you know where to look. The IRS started accepting tax returns on Jan.27, kicking off the long march to April 15 — the deadline for taxpayers to pay last year’s liabilities.

The owner allegedly under-reported the pizzeria’s income by about $ 1.2M between 2012 and 2016 and avoided paying more than $ 400M in taxes

Last year’s tax season saw lots of disappointment over refunds. Many people had not adjusted their withholdings in light of the federal tax cut act. Tax experts say if you still haven’t done so, you should consider changing your withholdings on your W4, especially if you’re expecting big changes in 2020. NBC’s Chris Clackum reports.

Most people vow to start the new year off with a commitment to save more or spend less. This year, recent changes in the tax laws could help. The IRS has made inflation adjustments to a range of key figures, from the amount you can put in a 401(k) retirement plan to the individual income tax brackets that help you determine your tax...

It’s about to get a little easier for you to figure out how to break even or get a bigger tax refund from Uncle Sam. The IRS kicked off the new year with a revamp of its tax withholding estimator tool, a calculator that helps you fine-tune the amount of federal income taxes that are pulled from your paycheck. Tax...

Retired coal miners and longtime opponents of Obama-era taxes on high-cost health plans are eyeing big wins as top congressional leaders and the Trump White House close in on a deal on a government-wide spending bill. The bill would also increase the age nationwide for purchasing tobacco products from 18 to 21.

Nearly 100 Fortune 500 companies effectively paid no federal taxes in 2018, according to a new report. The study by the Institute on Taxation and Economic Policy, a left-leaning think tank, covers the first year following passage of the Tax Cuts and Jobs Act championed by President Donald Trump, which was signed into law in December 2017. The report covers 379 companies...

Utah officials say a possible dropped phone resulted in a typo that overvalued a home for almost $1 billion. And taxpayers may have to pay for the mistake. The Deseret News reports a house built in 1978 in an unincorporated area of the county was recorded in 2019 tax rolls with a value of more than $987 million. That’s an…

New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-hailing company misclassified its drivers as independent contractors. The decision is the latest setback for Uber and other companies in the so-called “gig economy” that rely heavily on contract labor to deliver the services at the heart of their popular apps.

The New York state attorney general says one of the nation’s biggest photo and video equipment retailers, Manhattan’s B&H, has failed to pay millions in sales taxes.

Yes, of course President Donald Trump would be arrested if he shot someone on Fifth Avenue, New York City Mayor Bill de Blasio says

President Trump famously said during his campaign that he could shoot someone on Fifth Avenue and get away with it. In court Wednesday, his lawyers argued that legally, he really could — and no one could do a thing about it.

A trove of leaked documents known as the “Paradise Papers” have brought to light the ways wealthy individuals and government officials attempt to avoid taxes and financial transparency.

Treasury Secretary Steven Mnuchin, testifying before a House Appropriations subcommittee, said Tuesday he will “follow the law” regarding a request by House Democrats to see President Donald Trump’s tax returns.

A group of tax preparers allegedly used the stolen identities of children to help their clients claim millions of dollars in tax refunds they weren’t actually owed, prosecutors said.

New York State Tax officials are investigating allegations detailed in an exhaustive New York Times investigation into Donald Trump and his family’s business dealings. The Times reported on Tuesday that Trump and his family committed “instances of outright fraud” in order to transfer millions of dollars from the real estate empire of the president’s father, Fred Trump, to his children...

The U.S. Internal Revenue Service issued a notice Wednesday warning homeowners who are rushing to prepay their 2018 property taxes that their payment may not be tax deductible, NBC News reported. A law signed by President Donald Trump, which goes into effect next year, will impose a $10,000 combined limit on the deduction of state and local income property taxes....

A trove of leaked documents known as the “Paradise Papers” have brought to light the ways wealthy individuals and government officials attempt to avoid taxes and financial transparency.