-
Hunter Biden sues IRS over handling of his private records
President Joe Biden’s son, Hunter Biden, sued the IRS on Monday, alleging that the agency illegally released his private tax records.
-
IRS unveils ‘paperless processing initiative' for taxpayers. Here's what to expect
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.
-
Top 10 places in the U.S. to buy a vacation home based on the rate of ROI
To determine the ranking, Vacasa analyzed home sales, vacation rental performance data from the last 12 months and more.
-
IRS halts most unannounced visits to taxpayers, citing safety concerns
The IRS has ended most unannounced visits to homes or businesses for unpaid taxes. Here’s what taxpayers need to know.
-
Powerball jackpot hits $900 million. Here's the tax bill if you win
The Powerball jackpot has grown to $900 million. Here’s what the winner can expect to pay in taxes.
-
IRS says it collected $38 million from more than 175 high-income tax delinquents
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....
-
3 tax prep firms shared ‘extraordinarily sensitive' taxpayer data with Google and Meta, lawmakers say
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.
-
Tax records show Sen. Joe Manchin has been late on payments repeatedly in recent years
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.
-
These lesser-known tax tips may help college-bound families
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 Tax Forms From Apps Like Venmo, PayPal for 2023. Here's How to Avoid Tax Issues
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.
-
IRS Moves Forward With Free E-Filing System in Pilot Program to Launch in 2024
The IRS is planning to launch a pilot program for a government-run, online tax filing system that’s free for all.
-
Here's How Some TurboTax Users Can Claim Cash From $141M Settlement
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.
-
What Hours Will the Post Office Be Open on Tax Day? Here's What You Need to Know
If you plan to mail your return in-person instead of filing online, double-check their hours ahead of time.
-
Haven't Filed Taxes Yet? Don't Panic. Here's What to Know
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.
-
Here's What to Do If You Can't Pay Your Taxes by April 18 — and How to Avoid the ‘Biggest Mistake,' Tax Pro Warns
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.
-
Are You Tax-Savvy? Take Our Quiz to Find Out
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.
-
How to Know If Your Tax Return Will Be Audited by the IRS
Your chances of getting audited are slim, but here are some signs you can look out for.
-
Here Are 5 Things to Know Before the April 18 Federal Tax Deadline
The deadline to file a federal tax return is April 18. Here’s what late filers should know as the date approaches.
-
4 Red Flags for an IRS Tax Audit — Including What One Tax Pro Calls a ‘Dead Giveaway'
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.
-
From Montana to Michigan: These States Are Giving Residents Tax Cuts Amid Cash Surpluses
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.